DeepSeek V4 Pro vs Kimi K2 Thinking
Price and specs side by side · USD per 1M tokens · verified 2026-10-11
// side by side
| metric | DeepSeek V4 Pro | Kimi K2 Thinking |
|---|
| input / 1M | $0.66 | $0.60 |
| output / 1M | $1.98 | $2.50 |
| blended (3:1) | $0.99 | $1.075 |
| cache read / 1M | $0.022 | — |
| context | 1M | 262.1K |
| max output | 393.2K | 16K |
| input types | text | text |
| reasoning | yes | yes |
| tool calling | yes | yes |
| structured output | yes | yes |
| open weights | yes | yes |
| released | 2026-08-12 | 2025-11-06 |
| knowledge cutoff | n/a | 2024-08 |
| lab | DeepSeek | Moonshot AI |
// monthly cost scenarios
| workload | tokens in / out | DeepSeek V4 Pro | Kimi K2 Thinking |
|---|
| Chatbot | 10M / 2M | $10.56 | $11.00 |
| RAG app | 50M / 5M | $42.90 | $42.50 |
| Coding agent | 20M / 10M | $33.00 | $37.00 |
// verdict
- DeepSeek V4 Pro is 7.9% cheaper than Kimi K2 Thinking on a blended 3:1 input/output basis.
- DeepSeek V4 Pro has the larger context window (1M vs 262.1K tokens).