// head_to_head
DeepSeek V3.2 vs GPT-5.4 Nano
Published LiveBench scores across all seven categories, live list pricing, context windows, and the measured cost of a point of capability — for both models, side by side.
DeepSeek V3.2 is the cheaper of the two; neither can be ranked on quality here.
DeepSeek V3.2 does not have a published LiveBench run, so this comparison covers price, context and declared capabilities only. A missing score means "not evaluated", not "worse" — the right way to separate these two is an eval on your own workload.
deepseek
DeepSeek V3.2
- Blended / 1M
- $0.302
- Context
- 164K
- Released
- Dec 1, 2025
- Overall score
- Not evaluated
openai
GPT-5.4 Nano
- Blended / 1M
- $0.463
- Context
- 400K
- Released
- Mar 17, 2026
- Overall score
- 69.6
Specs and pricing
| Metric | DeepSeek V3.2 | GPT-5.4 Nano |
|---|---|---|
| LiveBench overall Mean of the seven LiveBench category scores, 0–100. Higher is better. | — | 69.6 |
| Cost per point Measured benchmark spend divided by overall score — dollars per point of capability. | — | $0.0500 |
| Blended price / 1M 3:1 input:output mix, the usual shape of production traffic. | $0.302win | $0.463 |
| Input price / 1M | $0.269 | $0.200win |
| Output price / 1M | $0.400win | $1.25 |
| Cached input / 1M Price of an input token served from the prompt cache, where the provider publishes one. | $0.134 | $0.020win |
| Context window | 164K | 400Kwin |
| Max output tokens | 66K | 128Kwin |
Benchmarks by category
An overall score averages away the thing you probably care about. These are the seven LiveBench categories scored separately — DeepSeek V3.2 on top, GPT-5.4 Nano below, both out of 100.
What each one costs to run
Per-token prices are hard to feel. These are monthly list costs for both models across five workload shapes, using each provider's published cached-input rate where there is one.
| Workload | DeepSeek V3.2 | GPT-5.4 Nano |
|---|---|---|
| Support chatbot 1.2K in / 400 out × 200K requests | $86.88/mo | $135.04/mo |
| RAG assistant 8K in / 600 out × 100K requests | $185.40/mo | $163.00/mo |
| Coding agent 40K in / 4K out × 20K requests | $171.88/mo | $159.20/mo |
| Document extraction 20K in / 1.5K out × 50K requests | $292.27/mo | $284.75/mo |
| Bulk classification 500 in / 20 out × 5M requests | $645.25/mo | $535.00/mo |
Which should you pick?
You need to fit large documents in one call
GPT-5.4 Nano
Wider context window — 400K against 164K.
You are cost-constrained
DeepSeek V3.2
Cheaper on blended list price at $0.302 per million tokens.
DeepSeek V3.2 vs GPT-5.4 Nano FAQ
Which is better, DeepSeek V3.2 or GPT-5.4 Nano?
DeepSeek V3.2 is the cheaper of the two; neither can be ranked on quality here. DeepSeek V3.2 does not have a published LiveBench run, so this comparison covers price, context and declared capabilities only. A missing score means "not evaluated", not "worse" — the right way to separate these two is an eval on your own workload.
Is DeepSeek V3.2 cheaper than GPT-5.4 Nano?
DeepSeek V3.2 is cheaper. On a 3:1 input:output blend, DeepSeek V3.2 lists at $0.302 per million tokens and GPT-5.4 Nano at $0.463 — DeepSeek V3.2 is 1.5× cheaper. Input and output are priced separately — DeepSeek V3.2 charges $0.269 in and $0.400 out, GPT-5.4 Nano charges $0.200 and $1.25 — so the model that looks cheaper flips depending on how output-heavy your workload is.
Does DeepSeek V3.2 or GPT-5.4 Nano have a bigger context window?
GPT-5.4 Nano has the larger context window: 164K for DeepSeek V3.2 against 400K for GPT-5.4 Nano. Note that a window you can fill is not a window you should fill — retrieval quality usually degrades well before the limit, and you pay for every token you put in it.
Do DeepSeek V3.2 and GPT-5.4 Nano support prompt caching?
Both publish a cached-input rate: $0.134 per million for DeepSeek V3.2 and $0.020 for GPT-5.4 Nano, against full input rates of $0.269 and $0.200. On a workload with a long stable prefix — a system prompt, a tool schema, a retrieved corpus — that changes the economics more than the headline price does.
Related comparisons
How these numbers are produced
- Price — provider list price from OpenRouter, refreshed every 15 minutes. “Blended” is a 3:1 input:output mix.
- Scores — LiveBench release 2026-06-25, using their own category map. Each model shows its strongest published run. A blank means “not evaluated”, never “bad”.
- Cost per point — the measured dollars LiveBench spent on the run, divided by the score it earned.
- “Win” — awarded only past a threshold: one full point on a benchmark score, 10% on a price, 25% on a context window. Anything tighter reports as a tie, because effort settings alone move a LiveBench score by more than that.
Published benchmarks rank models on someone else's tasks. Before committing, see LLM & agent evaluation for building an eval on your own.