Tuesday, July 7, 2026 · No. 345Prices synced within the hour
All·AI·Model

The AI Model Price Index

DeepSeek V3.2 Thinking

by Vercel AI Gateway · family deepseek-thinking · listed Dec 2025RT

DeepSeek chat model for instruction following, coding, and analysis

Current rates USD per 1M tokens

Input$0.62
Output$1.85
Cache read—
Cache write—

Against the market

Input price vs. maker flagships ($/1M tokens)
DeepSeek V4 FlashDeepSeek V4 Flash: $0.14 per 1M tokens$0.14Qwen3.7 PlusQwen3.7 Plus: $0.50 per 1M tokens$0.50DeepSeek V3.2 ThinkingDeepSeek V3.2 Thinking: $0.62 per 1M tokens$0.62Grok 4.3Grok 4.3: $1.25 per 1M tokens$1.25Gemini 3.5 FlashGemini 3.5 Flash: $1.50 per 1M tokens$1.50Mistral Medium (latest)Mistral Medium (latest): $1.50 per 1M tokens$1.50Claude Sonnet 5Claude Sonnet 5: $2.00 per 1M tokens$2.00GPT-5.5 ProGPT-5.5 Pro: $30.00 per 1M tokens$30.00
Output price vs. maker flagships ($/1M tokens)
DeepSeek V4 FlashDeepSeek V4 Flash: $0.28 per 1M tokens$0.28DeepSeek V3.2 ThinkingDeepSeek V3.2 Thinking: $1.85 per 1M tokens$1.85Grok 4.3Grok 4.3: $2.50 per 1M tokens$2.50Qwen3.7 PlusQwen3.7 Plus: $3.00 per 1M tokens$3.00Mistral Medium (latest)Mistral Medium (latest): $7.50 per 1M tokens$7.50Gemini 3.5 FlashGemini 3.5 Flash: $9.00 per 1M tokens$9.00Claude Sonnet 5Claude Sonnet 5: $10.00 per 1M tokens$10.00GPT-5.5 ProGPT-5.5 Pro: $180 per 1M tokens$180

On the record

Model id
deepseek/deepseek-v3.2-thinking
Context window
128K tokens
Max output
8K tokens
Input modalities
text
Output modalities
text
Reasoning
yes
Tool calls
yes
Open weights
no
Knowledge cutoff
Jul 2024
Released
2025-12-01
Last updated
2025-12-01
Provider docs
github.com/vercel/ai/tree/5eb85cc45a259553501f535b8ac79a77d0e79223/packages/gateway

Back of the envelope

≈

Also listed at

← All Vercel AI Gateway listings