DeepSeek V3.2 vs o4 Mini
DeepSeek V3.2 is the pragmatic pick for most teams: it wins more benchmarks in our tests (3 vs 2) while costing far less per token. o4 Mini beats DeepSeek on tool calling (5 vs 3) and classification (4 vs 3) and brings multimodal I/O and large max output tokens if those features matter despite much higher price.
deepseek
DeepSeek V3.2
Benchmark Scores
External Benchmarks
Pricing
Input
$0.260/MTok
Output
$0.380/MTok
modelpicker.net
openai
o4 Mini
Benchmark Scores
External Benchmarks
Pricing
Input
$1.10/MTok
Output
$4.40/MTok
modelpicker.net
Benchmark Analysis
Walkthrough of our 12-test suite (scores are from our testing):
- Ties (both models equal): structured_output 5/5 (tied for 1st with 24 others), strategic_analysis 5/5 (both tied for 1st), creative_problem_solving 4/4 (both rank 9 of 54), faithfulness 5/5 (tied for 1st), long_context 5/5 (tied for 1st), persona_consistency 5/5 (tied for 1st), multilingual 5/5 (tied for 1st). These ties mean both models are effectively equivalent on JSON/schema compliance, long-context retrieval (30K+), persona stability, multilingual output, and high-level reasoning in our tests.
- DeepSeek V3.2 wins: constrained_rewriting 4 vs 3 (DeepSeek ranks 6 of 53 vs o4 rank 31) — this matters when you must compress output into strict character/slot limits; agentic_planning 5 vs 4 (DeepSeek tied for 1st vs o4 rank 16) — DeepSeek produced better goal decomposition and recovery in our agentic planning tests; safety_calibration 2 vs 1 (DeepSeek rank 12 of 55 vs o4 rank 32) — both are low, but DeepSeek refused more unsafe prompts appropriately in our suite.
- o4 Mini wins: tool_calling 5 vs 3 (o4 tied for 1st, DeepSeek rank 47 of 54) — o4 Mini is substantially stronger at function selection, argument accuracy and sequencing in our tool-calling tests; classification 4 vs 3 (o4 tied for 1st, DeepSeek rank 31 of 53) — o4 makes more reliable routing and labels in our classification tasks.
- External math benchmarks (Epoch AI): o4 Mini scores 97.8% on MATH Level 5 and 81.7% on AIME 2025 — cite these as o4 Mini’s strong external performance on competition math in Epoch AI data. DeepSeek has no external math entries in the payload. Interpretation for tasks: pick o4 Mini when you need robust tool integrations, classification/routing, or the multimodal/file inputs listed in its modality; pick DeepSeek when you need strong structured output, long-context fidelity, agentic planning quality, or lower safety‑risk handling, and when cost per token is a major constraint.
Pricing Analysis
Prices from the payload: DeepSeek V3.2 input $0.26/mTok and output $0.38/mTok; o4 Mini input $1.10/mTok and output $4.40/mTok. Assuming a 50/50 split of input vs output tokens (explicitly stated here as the assumption), average per‑mTok cost is $0.32 for DeepSeek and $2.75 for o4 Mini. Monthly cost examples at that split: 1M tokens ≈ $320 (DeepSeek) vs $2,750 (o4 Mini); 10M ≈ $3,200 vs $27,500; 100M ≈ $32,000 vs $275,000. If your workload is input‑heavy, 1M input tokens cost $260 (DeepSeek) vs $1,100 (o4); output‑heavy (1M) costs $380 vs $4,400. Teams generating millions of tokens/month (e.g., high‑volume APIs, SaaS) should care deeply — DeepSeek reduces token bill by a multiple that becomes decisive at scale.
Real-World Cost Comparison
Bottom Line
Choose DeepSeek V3.2 if: you need cost-efficient production at scale (input $0.26/mTok, output $0.38/mTok), top-tier structured output and long-context performance (5/5 tied for 1st), stronger agentic planning (5 vs 4) and better safety calibration in our tests. Choose o4 Mini if: you require best-in-suite tool calling (5 vs 3), stronger classification (4 vs 3), multimodal input (text+image+file->text) or the external math performance (MATH Level 5 97.8%, AIME 81.7% per Epoch AI) and are willing to pay much higher token costs ($1.10/$4.40 per mTok).
How We Test
We test every model against our 12-benchmark suite covering tool calling, agentic planning, creative problem solving, safety calibration, and more. Each test is scored 1–5 by an LLM judge. Read our full methodology.