DeepSeek V4 Flash 0423 vs Hy4

Price, context window & benchmark comparison

DeepSeek

DeepSeek V4 Flash 0423

DeepSeek
$0.09 / $0.18
Input / Output · per 1M tokens
VS
Tencent

Hy4

Tencent
$0.42 / $1.25
Input / Output · per 1M tokens
Compare different models
DeepSeek
Tencent
Verdict: DeepSeek V4 Flash 0423 is 5.6× cheaper than Hy4 on a typical 3:1 input/output mix.
DeepSeek V4 Flash 0423Hy4
Input price / 1M$0.09$0.42
Output price / 1M$0.18$1.25
Blended price (3:1)$0.11$0.63
Cached input / 1M$0.018$0.021
Context window1M1M
Max output393K66K
Intelligence index—34.6
Coding index56.2—
Providers—1
Best provider uptime (30m)—100.0%
Vision inputNoYes
ReasoningYesYes
Tool callingYesYes
Released2026-04-242026-11-04
Retirement——

Cost calculator

FAQ

Which is cheaper, DeepSeek V4 Flash 0423 or Hy4?

DeepSeek V4 Flash 0423 is 5.6× cheaper than Hy4 on a typical 3:1 input/output mix.

DeepSeek V4 Flash 0423 vs Hy4: which has a bigger context window?

DeepSeek V4 Flash 0423: 1,048,576 tokens. Hy4: 1,048,576 tokens.

How much would 1 million requests cost?

At 2,000 input + 500 output tokens per request: DeepSeek V4 Flash 0423 ≈ $270.00, Hy4 ≈ $1,459.

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