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DeepSeek V3.2 Exp vs Step 5 Preview

Step 5 Preview leads DeepSeek V3.2 Exp on the Artificial Analysis Intelligence Index, 43.7 to 16.6, and DeepSeek V3.2 Exp costs 6.6x less per output token ($0.41 vs $2.70 per million). Updated October 22, 2026; 30 benchmarks have a result for both.

DeepSeek V3.2 ExpDeepSeek
Coding
No data
Overall
No data
Output $/M
$0.41
2
Step 5 PreviewStepFun
Coding
61.1
Overall
60.5
Output $/M
$2.70
28
vs boards won of 30 shared

DeepSeek V3.2 Exp or Step 5 Preview: which to pick

Only Step 5 Preview has a coding score, 61.1 on the Vibe Coding Index; DeepSeek V3.2 Exp has none, so the two cannot be ranked on coding.

Pick DeepSeek V3.2 Exp for output tokens 6.6x cheaper ($0.41 vs $2.70 per million) and work measured by LMArena Text: medicine and healthcare or LMArena Text: Spanish, where it leads.

Shared results
30
DeepSeek V3.2 Exp only
29
Step 5 Preview only
31
Like-for-like categories
6 of 9

Only benchmarks that tested both models count toward a pick; a result only one model has is shown but not compared.

Which one for your work

Each card is decided by one number both models carry. Where only one has it, the card says so and makes no call.

At a glance

Coding index
DeepSeek V3.2 Exp not benchmarked, Step 5 Preview 61.1 from 4 benchmarks.
Widest category
Intelligence, 27.1 points apart on average over 1 shared benchmark.
Widest single gap
LMArena WebDev: HTML: DeepSeek V3.2 Exp 1281 against Step 5 Preview 1556, 45.8 points apart on a 0 to 100 scale.
Output price
DeepSeek V3.2 Exp $0.41 against Step 5 Preview $2.70 per million output tokens, 6.6x apart.
Context window
DeepSeek V3.2 Exp takes 164K tokens, Step 5 Preview 1.05M.

Benchmark by benchmark

First the score: boards each model leads, per category, where both have a result. Then every board, a category to a fold; bars are each result on a 0 to 100 scale, so compare the two in a row, not one row with another.

Boards won, where both have a result
CategoryDeepSeek V3.2 ExpBarsStep 5 PreviewTies
Coding04
Intelligence01
Reasoning04
Math02
Knowledge13
General114
All shared boards228
CodingLike-for-likeSix of these boards feed the Vibe Coding Index04
Coding benchmarks for DeepSeek V3.2 Exp and Step 5 Preview
BenchmarkDeepSeek V3.2 ExpStep 5 PreviewLeader
Aider polyglot74.2%Not measuredOnly DeepSeek V3.2 Exp measured
LiveBench codingNot measured85.6%Only Step 5 Preview measured
LMArena WebDev12721567Step 5 Preview
Terminal-Bench 4 (Vals AI)Not measured31.8%Only Step 5 Preview measured
Vibe Code Bench (Vals AI)Not measured70.4%Only Step 5 Preview measured
Code migration (Vals AI)Not measured39.0%Only Step 5 Preview measured
IOI (Vals AI)Not measured38.1%Only Step 5 Preview measured
SWE-bench Multimodal (Vals AI)Not measured40.8%Only Step 5 Preview measured
LiveCodeBench (Artificial Analysis run)78.9%Not measuredOnly DeepSeek V3.2 Exp measured
SciCodeNot measured58.9%Only Step 5 Preview measured
Terminal-Bench Hard (Artificial Analysis run)31.1%Not measuredOnly DeepSeek V3.2 Exp measured
WeirdML39.5%Not measuredOnly DeepSeek V3.2 Exp measured
LMArena Text: coding14381485Step 5 Preview
LMArena Text: software and IT14381473Step 5 Preview
LMArena WebDev: ReactNot measured1583Only Step 5 Preview measured
LMArena WebDev: HTML12811556Step 5 Preview
LMArena WebDev: from an imageNot measured1550Only Step 5 Preview measured
Neither model has a result on the other 22 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for DeepSeek V3.2 Exp and Step 5 Preview
BenchmarkDeepSeek V3.2 ExpStep 5 PreviewLeader
AA Intelligence Index16.643.7Step 5 Preview
Epoch Capabilities Index144.9Not measuredOnly DeepSeek V3.2 Exp measured
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index14 boards, none shared
Agentic work benchmarks for DeepSeek V3.2 Exp and Step 5 Preview
BenchmarkDeepSeek V3.2 ExpStep 5 PreviewLeader
LiveBench researchNot measured72.8%Only Step 5 Preview measured
LiveBench browserNot measured24.0%Only Step 5 Preview measured
LiveBench long agenticNot measured27.5%Only Step 5 Preview measured
SREBench (Vals AI)Not measured0.4%Only Step 5 Preview measured
Finance Agent (Vals AI)Not measured50.7%Only Step 5 Preview measured
Tax Agent Bench (Vals AI)Not measured27.3%Only Step 5 Preview measured
Legal Research Bench (Vals AI)Not measured40.4%Only Step 5 Preview measured
Excel Modeling Benchmark (Vals AI)Not measured57.1%Only Step 5 Preview measured
BioMysteryBench (Vals AI)Not measured67.4%Only Step 5 Preview measured
Terminal-Bench-Science (Vals AI)Not measured2.9%Only Step 5 Preview measured
Vals Science IndexNot measured29.6%Only Step 5 Preview measured
τ²-Bench Telecom33.9%Not measuredOnly DeepSeek V3.2 Exp measured
TheAgentCompany42.9%Not measuredOnly DeepSeek V3.2 Exp measured
Berkeley Function Calling Leaderboard (BFCL)56.7%Not measuredOnly DeepSeek V3.2 Exp measured
Neither model has a result on the other 27 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index04
Reasoning benchmarks for DeepSeek V3.2 Exp and Step 5 Preview
BenchmarkDeepSeek V3.2 ExpStep 5 PreviewLeader
LiveBench reasoningNot measured83.8%Only Step 5 Preview measured
MysteryMechanism (Vals AI)Not measured18.5%Only Step 5 Preview measured
GPQA Diamond (Artificial Analysis run)79.7%Not measuredOnly DeepSeek V3.2 Exp measured
Humanity's Last Exam (Artificial Analysis run)14.9%46.5%Step 5 Preview
LMArena Text: hard prompts14291461Step 5 Preview
LMArena Text: expert14221485Step 5 Preview
LMArena Text: hard prompts in English14441454Step 5 Preview
LMArena Vision: diagramsNot measured1308Only Step 5 Preview measured
LMArena Vision: homeworkNot measured1265Only Step 5 Preview measured
Kagi LLM Benchmark52.2%Not measuredOnly DeepSeek V3.2 Exp measured
Neither model has a result on the other 12 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index02
Math benchmarks for DeepSeek V3.2 Exp and Step 5 Preview
BenchmarkDeepSeek V3.2 ExpStep 5 PreviewLeader
AA Math Index87.7Not measuredOnly DeepSeek V3.2 Exp measured
AIME 2025 (Artificial Analysis run)87.7%Not measuredOnly DeepSeek V3.2 Exp measured
ProofBenchNot measured42.0%Only Step 5 Preview measured
LMArena Text: math14221458Step 5 Preview
LMArena Text: mathematical work14331460Step 5 Preview
Neither model has a result on the other 8 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index13
Knowledge benchmarks for DeepSeek V3.2 Exp and Step 5 Preview
BenchmarkDeepSeek V3.2 ExpStep 5 PreviewLeader
MMLU Pro (Artificial Analysis run)85.0%Not measuredOnly DeepSeek V3.2 Exp measured
LMArena Text: science14431454Step 5 Preview
LMArena Text: medicine and healthcare14681439DeepSeek V3.2 Exp
LMArena Text: legal and government14191437Step 5 Preview
LMArena Text: business and finance14121435Step 5 Preview
Neither model has a result on the other 13 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index8 boards, none shared
Web design benchmarks for DeepSeek V3.2 Exp and Step 5 Preview
BenchmarkDeepSeek V3.2 ExpStep 5 PreviewLeader
Design Arena: websites1178Not measuredOnly DeepSeek V3.2 Exp measured
Design Arena: UI components1164Not measuredOnly DeepSeek V3.2 Exp measured
Design Arena: game dev1144Not measuredOnly DeepSeek V3.2 Exp measured
Design Arena: data viz1152Not measuredOnly DeepSeek V3.2 Exp measured
Design Arena: 3D1148Not measuredOnly DeepSeek V3.2 Exp measured
Design Arena: all code categories1170Not measuredOnly DeepSeek V3.2 Exp measured
Design Arena: SVG1031Not measuredOnly DeepSeek V3.2 Exp measured
LiveBench designNot measured76.9%Only Step 5 Preview measured
Neither model has a result on the other 1 board here
GeneralLike-for-likePublic boards, shown as published, kept out of the index114
General benchmarks for DeepSeek V3.2 Exp and Step 5 Preview
BenchmarkDeepSeek V3.2 ExpStep 5 PreviewLeader
LiveBench data analysisNot measured63.5%Only Step 5 Preview measured
Public Benefits Bench (Vals AI)Not measured58.1%Only Step 5 Preview measured
IFBench54.1%Not measuredOnly DeepSeek V3.2 Exp measured
Long context reasoning (AA-LCR)72.3%88.3%Step 5 Preview
DTBench87.7%Not measuredOnly DeepSeek V3.2 Exp measured
LMCA29.1%Not measuredOnly DeepSeek V3.2 Exp measured
Fiction.LiveBench83.3%Not measuredOnly DeepSeek V3.2 Exp measured
CL-bench13.2%Not measuredOnly DeepSeek V3.2 Exp measured
CL-bench Life9.5%Not measuredOnly DeepSeek V3.2 Exp measured
LMArena Text14251440Step 5 Preview
LMArena Text: instruction following14011438Step 5 Preview
LMArena Text: creative writing14041409Step 5 Preview
LMArena VisionNot measured1265Only Step 5 Preview measured
LMArena Text: English14411447Step 5 Preview
LMArena Text: non-English14041428Step 5 Preview
LMArena Text: Chinese14611500Step 5 Preview
LMArena Text: German1440Not measuredOnly DeepSeek V3.2 Exp measured
LMArena Text: Japanese13311383Step 5 Preview
LMArena Text: Korean1372Not measuredOnly DeepSeek V3.2 Exp measured
LMArena Text: French14341438Step 5 Preview
LMArena Text: Spanish14411441DeepSeek V3.2 Exp
LMArena Text: Russian14121433Step 5 Preview
LMArena Text: Polish1435Not measuredOnly DeepSeek V3.2 Exp measured
LMArena Text: multi-turn14221437Step 5 Preview
LMArena Text: longer queries14181449Step 5 Preview
LMArena Text: writing and language14071425Step 5 Preview
LMArena Text: entertainment and media14071412Step 5 Preview
LMArena Vision: EnglishNot measured1290Only Step 5 Preview measured
LMArena Vision: reading textNot measured1282Only Step 5 Preview measured
Neither model has a result on the other 17 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for DeepSeek V3.2 Exp and Step 5 Preview
BenchmarkDeepSeek V3.2 ExpStep 5 PreviewLeader
Neither model has a result on 5 boards here

What each workload costs

Three fixed token mixes at each model's listed price, so per-token rates become a bill.

Chat turn

1K input + 500 output tokens

DeepSeek V3.2 Exp$0.0005Fits in one request
Step 5 Preview$0.0024Fits in one request

DeepSeek V3.2 Exp costs less

Repository review

50K input + 3K output tokens

DeepSeek V3.2 Exp$0.015Fits in one request
Step 5 Preview$0.058Fits in one request

DeepSeek V3.2 Exp costs less

Agent loop

200K input + 10K output tokens

DeepSeek V3.2 Exp$0.058Exceeds the context window
Step 5 Preview$0.227Fits in one request

DeepSeek V3.2 Exp costs less

Listed OpenRouter rates, without cache or batch discounts. A workload that does not fit a model's context window would need splitting.

Specification differences

The leading value in a row is marked; a row with a missing value names no leader. Our two rows are marked in red.

Specifications of DeepSeek V3.2 Exp and Step 5 Preview
SpecificationDeepSeek V3.2 ExpStepFun Step 5 Preview
MakerDeepSeekStepFun
WeightsOpen weightsOpen weights
ReleasedSeptember 29, 2025October 8, 2026
Context window164K1.05M
Input $/Mtok$0.27$1.00
Output $/Mtok$0.41$2.70
Coding indexNot benchmarked61.1
Independent measurements behind it14
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is DeepSeek V3.2 Exp better than Step 5 Preview for coding?

Only Step 5 Preview has a coding score, 61.1 on the Vibe Coding Index; DeepSeek V3.2 Exp has none, so the two cannot be ranked on coding. Pick DeepSeek V3.2 Exp for output tokens 6.6x cheaper ($0.41 vs $2.70 per million) and work measured by LMArena Text: medicine and healthcare or LMArena Text: Spanish, where it leads.

Which is cheaper, DeepSeek V3.2 Exp or Step 5 Preview?

DeepSeek V3.2 Exp costs $0.27 per million input tokens and $0.41 per million output tokens; Step 5 Preview costs $1.00 and $2.70. Cost per solved task is known for neither of them.

Which has the bigger context window, DeepSeek V3.2 Exp or Step 5 Preview?

Step 5 Preview, with 1.05M tokens against 164K.

How many benchmarks is the DeepSeek V3.2 Exp vs Step 5 Preview comparison based on?

30 benchmarks have a result for both models as of October 22, 2026. DeepSeek V3.2 Exp's coding index rests on 1 independent benchmark and Step 5 Preview's on 4. Where only one model has a result, the page says so instead of naming a winner.

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