DeepSeek V4-Pro vs GPT-5: price, coding results, and deployment

When the price sheet looks too good, the costs moved somewhere it doesn't measure. Here's where.

By benchr Editorial Team · · View changelog · Figures verified against official sources, June 10, 2026

V4-Pro output / 1Mpeak rate; $1.98 off-peak
GPT-5 output / 1MOpenAI, official
V4-Pro SWE-benchVerified, official card
GPT-5 SWE-benchVerified, official

Most model comparisons are trade-offs. This one looks like a steal at first glance: the cheaper model also posts the higher coding score. That's exactly why it deserves a careful read — when a price sheet looks too good, the costs have usually moved somewhere the sheet doesn't measure.

Side-by-side specs

DeepSeek V4-Pro vs GPT-5 — verified figures, June 10, 2026
DimensionDeepSeek V4-ProGPT-5
Input / 1M (peak)$1.32$1.25
Input / 1M (off-peak)$0.66$1.25
Output / 1M (peak)$3.96$10.00
Output / 1M (off-peak)$1.98$10.00
Cache-hit input / 1M$0.044
Context window1,000,000400,000
Max output384,000128,000
SWE-bench Verified80.6%74.9%
LicenseMIT (self-hostable)Proprietary API only

How output volume changes the bill

For an output-heavy example, take an agent using 4K input and 12K output tokens per task across 50,000 monthly tasks. GPT-5 totals $250 input + $6,000 output = $6,250/month. V4-Pro totals $87 + $522 = $609/month. Output accounts for 96% of the GPT-5 bill in this scenario.

V4-Pro also lists a 384K maximum output, compared with GPT-5's 128K limit. Whether that removes useful splitting depends on the workload. Check your own mix in the cost calculator.

Reasons to evaluate GPT-5

Many agent frameworks, evaluation harnesses, and SaaS integrations support OpenAI API shapes. This page does not cite a controlled comparison of malformed tool calls, retries, or multi-step reliability, so test both models against your schemas and failure handling.

Also review deployment and data-residency requirements. Self-hosting V4's MIT-licensed weights is an infrastructure project, not an API swap. The DeepSeek vs OpenAI pricing guide covers both lineups.

A practical evaluation plan

On the two axes quantified here, V4-Pro has the lower listed price and the higher cited coding score. The decision still depends on integration effort, failure handling, support, and where your data is allowed to go. Use the GPT-5 review for its broader documented context.

Frequently asked

Is DeepSeek V4-Pro better than GPT-5 for coding?

On the cited SWE-bench Verified figures, DeepSeek V4-Pro scores 80.6% against GPT-5's 74.9%. That benchmark does not establish production tool-use reliability. Many integrations support OpenAI API shapes, so evaluate both models on your agent framework, tool schemas, retries, and failure handling.

How large is the listed price difference?

It now depends on the hour. Output is $3.96 vs $10.00 per million at peak, about 2.5× lower on DeepSeek, and $1.98 off-peak, about 5× lower. Input is $1.32 vs $1.25 at peak — DeepSeek is marginally the more expensive of the two — and $0.66 vs $1.25 off-peak, about 1.9× lower. Before August 16, 2026 the same rows read 11.5× and 2.9×.

What else should I check before switching?

The $1.32/$3.96 peak and $0.66/$1.98 off-peak rates were checked on DeepSeek's official pricing page on August 28, 2026. The previous $0.435/$0.87 pair held until August 16, which is the clearest possible evidence that these rates are not permanent. Evaluate current pricing alongside hosted-API data residency, integration effort, and task-specific reliability; this page does not cite a comparative safety or multi-step tool-use study.

Changelog

  • June 10, 2026 — Expanded from a spec table into a full comparison: cost math on a concrete workload, where each model wins, and a verdict. Page re-indexed.
  • June 6, 2026 — Published as a spec-table stub (noindexed pending expansion).

Sources

  • DeepSeek pricing — api-docs.deepseek.com/quick_start/pricing (rates verified for the June 10, 2026 snapshot; prices may change)
  • DeepSeek-V4-Pro model card — huggingface.co/deepseek-ai/DeepSeek-V4-Pro (verified June 10, 2026)
  • OpenAI API pricing — openai.com/api/pricing (verified June 10, 2026)
  • benchr model-figures.json — the verified figure record (June 10, 2026)