DeepSeek V4 Flash 0423 vs LongCat 2.0

Price, context window & benchmark comparison

DeepSeek V4 Flash 0423

DeepSeek

$0.0886 / $0.18

Input / Output · per 1M tokens

LongCat 2.0

Meituan

$0.30 / $1.20

Input / Output · per 1M tokens

Compare different models

Verdict: DeepSeek V4 Flash 0423 is 4.7× cheaper than LongCat 2.0 on a typical 3:1 input/output mix. DeepSeek V4 Flash 0423 scores higher on the Artificial Analysis Intelligence Index (24.2 vs 19.1). LongCat 2.0 has the larger context window (1M vs 1M).

	DeepSeek V4 Flash 0423	LongCat 2.0
Input price / 1M	$0.0886	$0.30
Output price / 1M	$0.18	$1.20
Blended price (3:1)	$0.11	$0.52
Cached input / 1M	$0.0177	$0.006
Context window	1M	1M
Max output	384K	262K
Intelligence index	24.2	19.1
Coding index	56.2	45.3
Providers	—	—
Best provider uptime (30m)	—	—
Vision input	No	No
Reasoning	Yes	Yes
Tool calling	Yes	Yes
Released	2026-04-24	2026-07-20
Retirement	—	—

Cost calculator

Input tokens / requestOutput tokens / requestRequests / day

FAQ

Which is cheaper, DeepSeek V4 Flash 0423 or LongCat 2.0?

DeepSeek V4 Flash 0423 is 4.7× cheaper than LongCat 2.0 on a typical 3:1 input/output mix.

DeepSeek V4 Flash 0423 vs LongCat 2.0: which has a bigger context window?

DeepSeek V4 Flash 0423: 1,048,576 tokens. LongCat 2.0: 1,048,756 tokens.

How much would 1 million requests cost?

At 2,000 input + 500 output tokens per request: DeepSeek V4 Flash 0423 ≈ $265.80, LongCat 2.0 ≈ $1,200.

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