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DeepSeek V3.2 vs DeepSeek V4 Flash 0731

DeepSeek V4 Flash 0731 leads DeepSeek V3.2 on coding, 51.8 to 30.0 on the Vibe Coding Index, and DeepSeek V4 Flash 0731 costs 3.1x less per output token ($0.28 vs $0.88 per million). Updated October 21, 2026; 26 benchmarks have a result for both.

DeepSeek V3.2DeepSeek
Coding
30.0
Overall
37.9
Output $/M
$0.88
0
DeepSeek V4 Flash 0731DeepSeek
Coding
51.8
Overall
55.2
Output $/M
$0.28
26
vs boards won of 26 shared

DeepSeek V3.2 or DeepSeek V4 Flash 0731: which to pick

Pick DeepSeek V4 Flash 0731 for coding: it scores 51.8 on the Vibe Coding Index against 30.0 for DeepSeek V3.2.

DeepSeek V3.2 is neither cheaper nor larger in context, and leads no benchmark both models were measured on.

Shared results
26
DeepSeek V3.2 only
49
DeepSeek V4 Flash 0731 only
29
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 30.0 from 3 benchmarks, DeepSeek V4 Flash 0731 51.8 from 4 benchmarks.
Widest category
Coding, 30.6 points apart on average over 4 shared benchmarks.
Widest single gap
Vibe Code Bench (Vals AI): DeepSeek V3.2 5.1% against DeepSeek V4 Flash 0731 74.7%, 69.6 points apart on a 0 to 100 scale.
Output price
DeepSeek V3.2 $0.88 against DeepSeek V4 Flash 0731 $0.28 per million output tokens, 3.1x apart.
Context window
DeepSeek V3.2 takes 164K tokens, DeepSeek V4 Flash 0731 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 V3.2BarsDeepSeek V4 Flash 0731Ties
Coding04
Intelligence02
Reasoning05
Knowledge04
Web design08
General03
All shared boards026
CodingLike-for-likeSix of these boards feed the Vibe Coding Index04
Coding benchmarks for DeepSeek V3.2 and DeepSeek V4 Flash 0731
BenchmarkDeepSeek V3.2DeepSeek V4 Flash 0731Leader
SWE-bench Verified70.0%Not measuredOnly DeepSeek V3.2 measured
SWE-bench Multilingual59.0%Not measuredOnly DeepSeek V3.2 measured
LMArena WebDev1362Not measuredOnly DeepSeek V3.2 measured
AA Coding Index44.269.1DeepSeek V4 Flash 0731
LiveCodeBench (Vals AI)80.7%87.3%DeepSeek V4 Flash 0731
SWE-bench Verified (Vals AI)67.6%88.8%DeepSeek V4 Flash 0731
Terminal-Bench 4 (Vals AI)Not measured18.7%Only DeepSeek V4 Flash 0731 measured
Vibe Code Bench (Vals AI)5.1%74.7%DeepSeek V4 Flash 0731
Code migration (Vals AI)Not measured38.6%Only DeepSeek V4 Flash 0731 measured
ProgramBench (Vals AI)Not measured0.0%Only DeepSeek V4 Flash 0731 measured
IOI (Vals AI)Not measured32.7%Only DeepSeek V4 Flash 0731 measured
Terminal-Bench 2.1 (Vals AI)Not measured67.0%Only DeepSeek V4 Flash 0731 measured
SkillsBench (Vals AI)Not measured50.7%Only DeepSeek V4 Flash 0731 measured
CyberBench (Vals AI)Not measured72.1%Only DeepSeek V4 Flash 0731 measured
LiveCodeBench (Artificial Analysis run)86.2%Not measuredOnly DeepSeek V3.2 measured
SciCodeNot measured50.3%Only DeepSeek V4 Flash 0731 measured
Terminal-Bench Hard (Artificial Analysis run)35.6%Not measuredOnly DeepSeek V3.2 measured
Terminal-Bench39.6%Not measuredOnly DeepSeek V3.2 measured
FrontierCodeNot measured18.8%Only DeepSeek V4 Flash 0731 measured
WeirdMLNot measured63.0%Only DeepSeek V4 Flash 0731 measured
ALE-BenchNot measured1306.1Only DeepSeek V4 Flash 0731 measured
LMArena Text: coding1453Not measuredOnly DeepSeek V3.2 measured
LMArena Text: software and IT1449Not measuredOnly DeepSeek V3.2 measured
LMArena WebDev: React1350Not measuredOnly DeepSeek V3.2 measured
LMArena WebDev: HTML1371Not measuredOnly DeepSeek V3.2 measured
Neither model has a result on the other 14 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index02
Intelligence benchmarks for DeepSeek V3.2 and DeepSeek V4 Flash 0731
BenchmarkDeepSeek V3.2DeepSeek V4 Flash 0731Leader
AA Intelligence Index21.534.3DeepSeek V4 Flash 0731
Epoch Capabilities Index146.1154.8DeepSeek V4 Flash 0731
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index10 boards, none shared
Agentic work benchmarks for DeepSeek V3.2 and DeepSeek V4 Flash 0731
BenchmarkDeepSeek V3.2DeepSeek V4 Flash 0731Leader
AA Agentic IndexNot measured41.0Only DeepSeek V4 Flash 0731 measured
Finance Agent (Vals AI)Not measured49.5%Only DeepSeek V4 Flash 0731 measured
Tax Agent Bench (Vals AI)Not measured28.1%Only DeepSeek V4 Flash 0731 measured
Legal Research Bench (Vals AI)Not measured30.3%Only DeepSeek V4 Flash 0731 measured
Excel Modeling Benchmark (Vals AI)Not measured57.0%Only DeepSeek V4 Flash 0731 measured
BioMysteryBench (Vals AI)Not measured64.4%Only DeepSeek V4 Flash 0731 measured
Terminal-Bench-Science (Vals AI)Not measured4.3%Only DeepSeek V4 Flash 0731 measured
τ²-Bench Telecom90.6%Not measuredOnly DeepSeek V3.2 measured
APEX-Agents21.3%Not measuredOnly DeepSeek V3.2 measured
Vending-Bench 2$1,034Not measuredOnly DeepSeek V3.2 measured
Neither model has a result on the other 31 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index05
Reasoning benchmarks for DeepSeek V3.2 and DeepSeek V4 Flash 0731
BenchmarkDeepSeek V3.2DeepSeek V4 Flash 0731Leader
GPQA Diamond80.3%89.9%DeepSeek V4 Flash 0731
GPQA Diamond (Artificial Analysis run)84.0%90.8%DeepSeek V4 Flash 0731
Humanity's Last Exam (Artificial Analysis run)24.6%38.6%DeepSeek V4 Flash 0731
GPQA Diamond (Epoch AI run)Not measured91.0%Only DeepSeek V4 Flash 0731 measured
ARC-AGI57.0%89.0%DeepSeek V4 Flash 0731
ARC-AGI-24.0%61.4%DeepSeek V4 Flash 0731
SimpleBenchNot measured61.1%Only DeepSeek V4 Flash 0731 measured
Chess puzzlesNot measured32.0%Only DeepSeek V4 Flash 0731 measured
Mystery game puzzlesNot measured34.0%Only DeepSeek V4 Flash 0731 measured
LMArena Text: hard prompts1434Not measuredOnly DeepSeek V3.2 measured
LMArena Text: expert1436Not measuredOnly DeepSeek V3.2 measured
LMArena Text: hard prompts in English1446Not measuredOnly DeepSeek V3.2 measured
Neither model has a result on the other 10 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index10 boards, none shared
Math benchmarks for DeepSeek V3.2 and DeepSeek V4 Flash 0731
BenchmarkDeepSeek V3.2DeepSeek V4 Flash 0731Leader
AIME84.6%Not measuredOnly DeepSeek V3.2 measured
MGSM (Vals AI)86.0%Not measuredOnly DeepSeek V3.2 measured
AA Math Index92.0Not measuredOnly DeepSeek V3.2 measured
AIME 2025 (Artificial Analysis run)92.0%Not measuredOnly DeepSeek V3.2 measured
OTIS Mock AIMENot measured94.4%Only DeepSeek V4 Flash 0731 measured
FrontierMath, tiers 1 to 3Not measured57.5%Only DeepSeek V4 Flash 0731 measured
FrontierMath, tier 4Not measured24.4%Only DeepSeek V4 Flash 0731 measured
ProofBenchNot measured56.0%Only DeepSeek V4 Flash 0731 measured
LMArena Text: math1435Not measuredOnly DeepSeek V3.2 measured
LMArena Text: mathematical work1440Not measuredOnly DeepSeek V3.2 measured
Neither model has a result on the other 3 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index04
Knowledge benchmarks for DeepSeek V3.2 and DeepSeek V4 Flash 0731
BenchmarkDeepSeek V3.2DeepSeek V4 Flash 0731Leader
MMLU Pro84.9%86.2%DeepSeek V4 Flash 0731
LegalBench (Vals AI)76.1%77.7%DeepSeek V4 Flash 0731
CaseLaw (Vals AI)55.4%Not measuredOnly DeepSeek V3.2 measured
CorpFin (Vals AI)51.0%61.9%DeepSeek V4 Flash 0731
TaxEval (Vals AI)68.2%70.7%DeepSeek V4 Flash 0731
MedQA (Vals AI)93.9%Not measuredOnly DeepSeek V3.2 measured
MedCode (Vals AI)Not measured41.4%Only DeepSeek V4 Flash 0731 measured
MMLU Pro (Artificial Analysis run)86.2%Not measuredOnly DeepSeek V3.2 measured
SimpleQA VerifiedNot measured33.6%Only DeepSeek V4 Flash 0731 measured
LMArena Text: science1446Not measuredOnly DeepSeek V3.2 measured
LMArena Text: medicine and healthcare1440Not measuredOnly DeepSeek V3.2 measured
LMArena Text: legal and government1425Not measuredOnly DeepSeek V3.2 measured
LMArena Text: business and finance1410Not measuredOnly DeepSeek V3.2 measured
Neither model has a result on the other 5 boards here
Web designLike-for-likePublic boards, shown as published, kept out of the index08
Web design benchmarks for DeepSeek V3.2 and DeepSeek V4 Flash 0731
BenchmarkDeepSeek V3.2DeepSeek V4 Flash 0731Leader
Design Arena: websites11751238DeepSeek V4 Flash 0731
Design Arena: UI components11491235DeepSeek V4 Flash 0731
Design Arena: game dev11321208DeepSeek V4 Flash 0731
Design Arena: data viz11581180DeepSeek V4 Flash 0731
Design Arena: 3D11331209DeepSeek V4 Flash 0731
Design Arena: all code categories11641230DeepSeek V4 Flash 0731
Design Arena: SVG10321185DeepSeek V4 Flash 0731
Design Arena: ASCII art10831090DeepSeek V4 Flash 0731
Neither model has a result on the other 1 board here
GeneralLike-for-likePublic boards, shown as published, kept out of the index03
General benchmarks for DeepSeek V3.2 and DeepSeek V4 Flash 0731
BenchmarkDeepSeek V3.2DeepSeek V4 Flash 0731Leader
MedScribe (Vals AI)Not measured80.4%Only DeepSeek V4 Flash 0731 measured
IFBench60.7%Not measuredOnly DeepSeek V3.2 measured
Long context reasoning (AA-LCR)73.3%79.7%DeepSeek V4 Flash 0731
DTBench85.6%90.9%DeepSeek V4 Flash 0731
LMCA28.8%41.7%DeepSeek V4 Flash 0731
CL-bench12.4%Not measuredOnly DeepSeek V3.2 measured
CL-bench Life7.4%Not measuredOnly DeepSeek V3.2 measured
LMArena Text1425Not measuredOnly DeepSeek V3.2 measured
LMArena Text: instruction following1413Not measuredOnly DeepSeek V3.2 measured
LMArena Text: creative writing1400Not measuredOnly DeepSeek V3.2 measured
LMArena Text: English1439Not measuredOnly DeepSeek V3.2 measured
LMArena Text: non-English1409Not measuredOnly DeepSeek V3.2 measured
LMArena Text: Chinese1455Not measuredOnly DeepSeek V3.2 measured
LMArena Text: German1413Not measuredOnly DeepSeek V3.2 measured
LMArena Text: Japanese1374Not measuredOnly DeepSeek V3.2 measured
LMArena Text: Korean1370Not measuredOnly DeepSeek V3.2 measured
LMArena Text: French1429Not measuredOnly DeepSeek V3.2 measured
LMArena Text: Spanish1424Not measuredOnly DeepSeek V3.2 measured
LMArena Text: Russian1424Not measuredOnly DeepSeek V3.2 measured
LMArena Text: Polish1419Not measuredOnly DeepSeek V3.2 measured
LMArena Text: multi-turn1427Not measuredOnly DeepSeek V3.2 measured
LMArena Text: longer queries1428Not measuredOnly DeepSeek V3.2 measured
LMArena Text: writing and language1407Not measuredOnly DeepSeek V3.2 measured
LMArena Text: entertainment and media1395Not measuredOnly DeepSeek V3.2 measured
Neither model has a result on the other 22 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for DeepSeek V3.2 and DeepSeek V4 Flash 0731
BenchmarkDeepSeek V3.2DeepSeek V4 Flash 0731Leader
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$0.0007Fits in one request
DeepSeek V4 Flash 0731$0.0003Fits in one request

DeepSeek V4 Flash 0731 costs less

Repository review

50K input + 3K output tokens

DeepSeek V3.2$0.017Fits in one request
DeepSeek V4 Flash 0731$0.0078Fits in one request

DeepSeek V4 Flash 0731 costs less

Agent loop

200K input + 10K output tokens

DeepSeek V3.2$0.067Exceeds the context window
DeepSeek V4 Flash 0731$0.031Fits in one request

DeepSeek V4 Flash 0731 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 and DeepSeek V4 Flash 0731
SpecificationDeepSeek V3.2DeepSeek V4 Flash 0731
MakerDeepSeekDeepSeek
WeightsOpen weightsOpen weights
ReleasedDecember 1, 2025July 31, 2026
Context window164K1.05M
Input $/Mtok$0.29$0.14
Output $/Mtok$0.88$0.28
Coding index30.051.8
Independent measurements behind it34
Cost per solved task$0.99$0.01
SourceOpenRouter listingOpenRouter listing

Questions

Is DeepSeek V3.2 better than DeepSeek V4 Flash 0731 for coding?

Pick DeepSeek V4 Flash 0731 for coding: it scores 51.8 on the Vibe Coding Index against 30.0 for DeepSeek V3.2. DeepSeek V3.2 is neither cheaper nor larger in context, and leads no benchmark both models were measured on.

Which is cheaper, DeepSeek V3.2 or DeepSeek V4 Flash 0731?

DeepSeek V3.2 costs $0.29 per million input tokens and $0.88 per million output tokens; DeepSeek V4 Flash 0731 costs $0.14 and $0.28. Per solved SWE-bench Verified task, DeepSeek V3.2 costs $0.99 and DeepSeek V4 Flash 0731 $0.01.

Which has the bigger context window, DeepSeek V3.2 or DeepSeek V4 Flash 0731?

DeepSeek V4 Flash 0731, with 1.05M tokens against 164K.

How many benchmarks is the DeepSeek V3.2 vs DeepSeek V4 Flash 0731 comparison based on?

26 benchmarks have a result for both models as of October 21, 2026. DeepSeek V3.2's coding index rests on 3 independent benchmarks and DeepSeek V4 Flash 0731's on 4. Where only one model has a result, the page says so instead of naming a winner.

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<p style="font:13px/1.4 sans-serif;margin:6px 0 0">Source: <a href="https://llmbenchmark.ai/compare/deepseek-v3-2-vs-deepseek-v4-flash-0731">LLMBenchmark.ai, DeepSeek V3.2 vs DeepSeek V4 Flash 0731</a></p>