Is DeepSeek-V3.2 or Kimi K2.5 cheaper?

DeepSeek-V3.2 is cheaper on output tokens ($0.38 vs $2.25 per 1M).

Which has the larger context window, DeepSeek-V3.2 or Kimi K2.5?

Kimi K2.5 has the larger context window (262K tokens).

DeepSeek-V3.2 vs Kimi K2.5

DeepSeek-V3.2 is cheaper on output tokens, while Kimi K2.5 offers a larger context window. Choose DeepSeek-V3.2 or Kimi K2.5 based on the trade-off between cost, context, and the benchmarks that matter for your use case.

Spec	DeepSeek-V3.2	Kimi K2.5
Provider	Deep Infra	Deep Infra
Input / 1M tokens	$0.26	$0.45
Output / 1M tokens	$0.38	$2.25
Context window	164K	262K
Parameters	—	1T
Open weights	No	Yes
Released	Dec 2025	Jan 2026

DeepSeek-V3.2 details →Kimi K2.5 details →

FAQ

Pricing is indicative — confirm with the provider before production use. Highlighted values indicate the better figure for that row.