DeepSeek V3.1 Terminus vs DeepSeek V4 Flash 0423
Price, context window & benchmark comparison
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Verdict: DeepSeek V4 Flash 0423 is 4.1× cheaper than DeepSeek V3.1 Terminus on a typical 3:1 input/output mix. DeepSeek V4 Flash 0423 scores higher on the Artificial Analysis Intelligence Index (24.2 vs 14.8). DeepSeek V4 Flash 0423 has the larger context window (1M vs 164K).
| DeepSeek V3.1 Terminus | DeepSeek V4 Flash 0423 | |
|---|---|---|
| Input price / 1M | $0.27 | $0.0886 |
| Output price / 1M | $1.00 | $0.18 |
| Blended price (3:1) | $0.45 | $0.11 |
| Cached input / 1M | $0.14 | $0.0177 |
| Context window | 164K | 1M |
| Max output | 33K | 384K |
| Intelligence index | 14.8 | 24.2 |
| Coding index | 43.5 | 56.2 |
| Providers | — | — |
| Best provider uptime (30m) | — | — |
| Vision input | No | No |
| Reasoning | Yes | Yes |
| Tool calling | Yes | Yes |
| Released | 2025-09-22 | 2026-04-24 |
| Retirement | 2026-09-28 | — |
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FAQ
Which is cheaper, DeepSeek V3.1 Terminus or DeepSeek V4 Flash 0423?
DeepSeek V4 Flash 0423 is 4.1× cheaper than DeepSeek V3.1 Terminus on a typical 3:1 input/output mix.
DeepSeek V3.1 Terminus vs DeepSeek V4 Flash 0423: which has a bigger context window?
DeepSeek V3.1 Terminus: 163,840 tokens. DeepSeek V4 Flash 0423: 1,048,576 tokens.
How much would 1 million requests cost?
At 2,000 input + 500 output tokens per request: DeepSeek V3.1 Terminus ≈ $1,040, DeepSeek V4 Flash 0423 ≈ $265.80.
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