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DeepSeek-V3.2-Exp vs o4-mini

DeepSeek-V3.2-Exp and o4-mini are closely matched at 28.2 and 27.5 on the LLM Stats Score. DeepSeek-V3.2-Exp is 6.3x cheaper per token.

DeepSeek · OpenAI · Updated for 2026

Which is better?

DeepSeek-V3.2-Exp and o4-mini are closely matched on the overall LLM Stats Score at 28.2 and 27.5.

In the 6 individual benchmarks reported for both models, o4-mini wins 4; this is a narrower head-to-head signal than the composite indexes.

On price, DeepSeek-V3.2-Exp is roughly 6.3x cheaper per token on a blended 3:1 input/output basis, which adds up quickly at production volume.

o4-mini also accepts a larger context window (200,000 input tokens), making it the stronger choice for long documents and large codebases.

Based on current LLM Stats indexes, shared benchmarks, pricing, and model metadata for 2026.

Choose DeepSeek-V3.2-Exp

  • cost matters — it's about 6.3x cheaper per token
  • you want the most recent training data — it shipped Sep 2025
  • you need open weights you can self-host or fine-tune

Choose o4-mini

  • you value its reported benchmark strengths — it wins 4 of 6 exact shared results
  • you process long inputs — it offers a 200,000 token context window

At a glance

The differences that matter most.

Core performance indexes
28.2
#134
27.5
#143
28.1
#130
27.5
#136
17.5
#119
11.9
#151
5.9
#143
7.0
#139
Cost, coverage & limits
Benchmark wins
2 of 6
4 of 6
Input price
$0.27 / M
$1.10 / M
Output price
$0.41 / M
$4.40 / M
Context window
163,840
200,000

Capability indexes

Additional strengths measured across groups of related public benchmarks

1 shared
Index
DeepSeek-V3.2-Exp
o4-mini
26.3#103
27.6#97
Conservative TrueSkill rating · higher is betterHow scores work

Individual benchmarks

14 reported for DeepSeek-V3.2-Exp · 14 for o4-mini

6 shared

DeepSeek-V3.2-Exp outperforms in 2 benchmarks (Aider-Polyglot, Humanity's Last Exam), while o4-mini is better at 4 benchmarks (AIME 2025, BrowseComp, GPQA, SWE-Bench Verified).

o4-mini shows notably better performance in the majority of benchmarks.

Sun Sep 20 2026 • llm-stats.com

Human preference

Blind head-to-head votes and playground preference scores

Pricing Analysis

Price comparison per million tokens

DeepSeek-V3.2-Exp costs less

For input processing, DeepSeek-V3.2-Exp ($0.27/1M tokens) is 4.1x cheaper than o4-mini ($1.10/1M tokens).

For output processing, DeepSeek-V3.2-Exp ($0.41/1M tokens) is 10.7x cheaper than o4-mini ($4.40/1M tokens).

In conclusion, o4-mini is more expensive than DeepSeek-V3.2-Exp.*

* Using a 3:1 ratio of input to output tokens

Lowest available price from all providers
Sun Sep 20 2026 • llm-stats.com
DeepSeek
DeepSeek-V3.2-Exp
Input tokens$0.27
Output tokens$0.41
Best providerNovita
OpenAI
o4-mini
Input tokens$1.10
Output tokens$4.40
Best providerOpenAI
Notice missing or incorrect data?Start an Issue

Context Window

Maximum input and output token capacity

o4-mini accepts 200,000 input tokens compared to DeepSeek-V3.2-Exp's 163,840 tokens. o4-mini can generate longer responses up to 100,000 tokens, while DeepSeek-V3.2-Exp is limited to 65,536 tokens.

DeepSeek
DeepSeek-V3.2-Exp
Input163,840 tokens
Output65,536 tokens
OpenAI
o4-mini
Input200,000 tokens
Output100,000 tokens
Sun Sep 20 2026 • llm-stats.com

Input capabilities

Documented input modalities across available providers

o4-mini supports multimodal inputs, whereas DeepSeek-V3.2-Exp does not.

o4-mini can handle both text and other forms of data like images, making it suitable for multimodal applications.

DeepSeek-V3.2-Exp

Text
Images
Audio
Video

o4-mini

Text
Images
Audio
Video

License

Usage and distribution terms

DeepSeek-V3.2-Exp is licensed under MIT, while o4-mini uses a proprietary license.

License differences may affect how you can use these models in commercial or open-source projects.

DeepSeek-V3.2-Exp

MIT

Open weights

o4-mini

Proprietary

Closed source

Release Timeline

When each model was launched

DeepSeek-V3.2-Exp was released on 2025-09-29, while o4-mini was released on 2025-04-16.

DeepSeek-V3.2-Exp is 6 months newer than o4-mini.

DeepSeek-V3.2-Exp

Sep 29, 2025

11 months ago

5mo newer
o4-mini

Apr 16, 2025

1.4 years ago

Knowledge Cutoff

When training data ends

o4-mini has a documented knowledge cutoff of 2024-05-31, while DeepSeek-V3.2-Exp's cutoff date is not specified.

We can confirm o4-mini's training data extends to 2024-05-31, but cannot make a direct comparison without DeepSeek-V3.2-Exp's cutoff date.

DeepSeek-V3.2-Exp

o4-mini

May 2024

Provider Availability

DeepSeek-V3.2-Exp is available from Novita. o4-mini is available from OpenAI.

DeepSeek-V3.2-Exp

novita logo
Novita
Input Price:Input: $0.27/1MOutput Price:Output: $0.41/1M

o4-mini

openai logo
OpenAI
Input Price:Input: $1.10/1MOutput Price:Output: $4.40/1M
* Prices shown are per million tokens

Outputs Comparison

Notice missing or incorrect data?Start an Issue discussion

Judge for yourself.

Run your own prompts against DeepSeek-V3.2-Exp and o4-mini side-by-side, then vote on the output you prefer.

DeepSeek-V3.2-Exp
✓ Preferred
o4-mini
Open in Playground

FAQ

Common questions about DeepSeek-V3.2-Exp vs o4-mini.

Which is better, DeepSeek-V3.2-Exp or o4-mini?

DeepSeek-V3.2-Exp and o4-mini are closely matched on the LLM Stats Score at 28.2 and 27.5. DeepSeek-V3.2-Exp is made by DeepSeek and o4-mini is made by OpenAI. The best choice depends on your use case — compare their capability indexes, individual benchmarks, pricing, and limits above.

How does DeepSeek-V3.2-Exp compare to o4-mini in benchmarks?

DeepSeek-V3.2-Exp scores SimpleQA: 97.1%, AIME 2025: 89.3%, MMLU-Pro: 85.0%, HMMT 2025: 83.6%, GPQA: 79.9%. o4-mini scores AIME 2024: 93.4%, AIME 2025: 92.7%, MathVista: 84.3%, MMMU: 81.6%, GPQA: 81.4%.

Is DeepSeek-V3.2-Exp cheaper than o4-mini?

DeepSeek-V3.2-Exp is 4.1x cheaper for input tokens. DeepSeek-V3.2-Exp costs $0.27/M input and $0.41/M output via novita. o4-mini costs $1.10/M input and $4.40/M output via openai.

What are the context window sizes for DeepSeek-V3.2-Exp and o4-mini?

DeepSeek-V3.2-Exp supports 164K tokens and o4-mini supports 200K tokens. A larger context window lets you process longer documents, conversations, or codebases in a single request.

What are the main differences between DeepSeek-V3.2-Exp and o4-mini?

Key differences include LLM Stats Score (28.2 vs 27.5), context window (164K vs 200K), input pricing ($0.27 vs $1.10/M), multimodal support (no vs yes), licensing (MIT vs Proprietary). See the full comparison above for benchmark-by-benchmark results.

Who makes DeepSeek-V3.2-Exp and o4-mini?

DeepSeek-V3.2-Exp is developed by DeepSeek and o4-mini is developed by OpenAI.