DeepSeek V4 Flash 0423 vs DeepSeek V4 Flash 0731

Price, context window & benchmark comparison

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DeepSeek V4 Flash 0423

DeepSeek
$0.0886 / $0.18
Input / Output · per 1M tokens
VS
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DeepSeek V4 Flash 0731

DeepSeek
$0.03 / $0.32
Input / Output · per 1M tokens
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Verdict: DeepSeek V4 Flash 0731 is 7% cheaper than DeepSeek V4 Flash 0423 on a typical 3:1 input/output mix. DeepSeek V4 Flash 0731 scores higher on the Artificial Analysis Intelligence Index (34.3 vs 24.2). DeepSeek V4 Flash 0731 has the larger context window (1.3M vs 1M).
DeepSeek V4 Flash 0423DeepSeek V4 Flash 0731
Input price / 1M$0.0886$0.03
Output price / 1M$0.18$0.32
Blended price (3:1)$0.11$0.10
Cached input / 1M$0.0177$0.016
Context window1M1.3M
Max output384K944K
Intelligence index24.234.3
Coding index56.269.1
Providers30
Best provider uptime (30m)100.0%
Vision inputNoNo
ReasoningYesYes
Tool callingYesYes
Released2026-04-242026-07-31
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FAQ

Which is cheaper, DeepSeek V4 Flash 0423 or DeepSeek V4 Flash 0731?

DeepSeek V4 Flash 0731 is 7% cheaper than DeepSeek V4 Flash 0423 on a typical 3:1 input/output mix.

DeepSeek V4 Flash 0423 vs DeepSeek V4 Flash 0731: which has a bigger context window?

DeepSeek V4 Flash 0423: 1,048,576 tokens. DeepSeek V4 Flash 0731: 1,310,720 tokens.

How much would 1 million requests cost?

At 2,000 input + 500 output tokens per request: DeepSeek V4 Flash 0423 ≈ $265.80, DeepSeek V4 Flash 0731 ≈ $220.00.

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