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DeepSeek V3.2 vs Kimi K2 0905

DeepSeek V3.2 leads Kimi K2 0905 on the Artificial Analysis Intelligence Index, 21.5 to 15.3, and DeepSeek V3.2 costs 2.8x less per output token ($0.88 vs $2.50 per million). Updated October 21, 2026; 13 benchmarks have a result for both.

DeepSeek V3.2DeepSeek
Coding
30.0
Overall
37.9
Output $/M
$0.88
13
Kimi K2 0905Moonshot AI
Coding
No data
Overall
No data
Output $/M
$2.50
0
vs boards won of 13 shared

DeepSeek V3.2 or Kimi K2 0905: which to pick

Only DeepSeek V3.2 has a coding score, 30.0 on the Vibe Coding Index; Kimi K2 0905 has none, so the two cannot be ranked on coding.

Pick Kimi K2 0905 for a larger context window (262K against 164K tokens).

Shared results
13
DeepSeek V3.2 only
62
Kimi K2 0905 only
4
Like-for-like categories
8 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, Kimi K2 0905 not benchmarked.
Widest category
Math, 34.7 points apart on average over 2 shared benchmarks.
Widest single gap
AA Math Index: DeepSeek V3.2 92.0 against Kimi K2 0905 57.3, 34.7 points apart on a 0 to 100 scale.
Output price
DeepSeek V3.2 $0.88 against Kimi K2 0905 $2.50 per million output tokens, 2.8x apart.
Context window
DeepSeek V3.2 takes 164K tokens, Kimi K2 0905 262K.

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 V3.2BarsKimi K2 0905Ties
Coding20
Intelligence10
Agentic work10
Reasoning20
Math20
Knowledge10
Web design20
General20
All shared boards130
CodingLike-for-likeSix of these boards feed the Vibe Coding Index20
Coding benchmarks for DeepSeek V3.2 and Kimi K2 0905
BenchmarkDeepSeek V3.2Kimi K2 0905Leader
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 Index44.2Not measuredOnly DeepSeek V3.2 measured
LiveCodeBench (Vals AI)80.7%Not measuredOnly DeepSeek V3.2 measured
SWE-bench Verified (Vals AI)67.6%Not measuredOnly DeepSeek V3.2 measured
Vibe Code Bench (Vals AI)5.1%Not measuredOnly DeepSeek V3.2 measured
LiveCodeBench (Artificial Analysis run)86.2%61.0%DeepSeek V3.2
Terminal-Bench Hard (Artificial Analysis run)35.6%23.5%DeepSeek V3.2
Terminal-Bench39.6%Not measuredOnly DeepSeek V3.2 measured
WeirdMLNot measured36.7%Only Kimi K2 0905 measured
ALE-BenchNot measured267.1Only Kimi K2 0905 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 23 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index10
Intelligence benchmarks for DeepSeek V3.2 and Kimi K2 0905
BenchmarkDeepSeek V3.2Kimi K2 0905Leader
AA Intelligence Index21.515.3DeepSeek V3.2
Epoch Capabilities Index146.1Not measuredOnly DeepSeek V3.2 measured
Agentic workLike-for-likePublic boards, shown as published, kept out of the index10
Agentic work benchmarks for DeepSeek V3.2 and Kimi K2 0905
BenchmarkDeepSeek V3.2Kimi K2 0905Leader
τ²-Bench Telecom90.6%73.4%DeepSeek V3.2
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 38 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index20
Reasoning benchmarks for DeepSeek V3.2 and Kimi K2 0905
BenchmarkDeepSeek V3.2Kimi K2 0905Leader
GPQA Diamond80.3%Not measuredOnly DeepSeek V3.2 measured
GPQA Diamond (Artificial Analysis run)84.0%76.7%DeepSeek V3.2
Humanity's Last Exam (Artificial Analysis run)24.6%6.4%DeepSeek V3.2
ARC-AGI57.0%Not measuredOnly DeepSeek V3.2 measured
ARC-AGI-24.0%Not measuredOnly DeepSeek V3.2 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
Kagi LLM BenchmarkNot measured52.2%Only Kimi K2 0905 measured
Neither model has a result on the other 13 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index20
Math benchmarks for DeepSeek V3.2 and Kimi K2 0905
BenchmarkDeepSeek V3.2Kimi K2 0905Leader
AIME84.6%Not measuredOnly DeepSeek V3.2 measured
MGSM (Vals AI)86.0%Not measuredOnly DeepSeek V3.2 measured
AA Math Index92.057.3DeepSeek V3.2
AIME 2025 (Artificial Analysis run)92.0%57.3%DeepSeek V3.2
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 7 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index10
Knowledge benchmarks for DeepSeek V3.2 and Kimi K2 0905
BenchmarkDeepSeek V3.2Kimi K2 0905Leader
MMLU Pro84.9%Not measuredOnly DeepSeek V3.2 measured
LegalBench (Vals AI)76.1%Not measuredOnly DeepSeek V3.2 measured
CaseLaw (Vals AI)55.4%Not measuredOnly DeepSeek V3.2 measured
CorpFin (Vals AI)51.0%Not measuredOnly DeepSeek V3.2 measured
TaxEval (Vals AI)68.2%Not measuredOnly DeepSeek V3.2 measured
MedQA (Vals AI)93.9%Not measuredOnly DeepSeek V3.2 measured
MMLU Pro (Artificial Analysis run)86.2%81.9%DeepSeek V3.2
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 7 boards here
Web designLike-for-likePublic boards, shown as published, kept out of the index20
Web design benchmarks for DeepSeek V3.2 and Kimi K2 0905
BenchmarkDeepSeek V3.2Kimi K2 0905Leader
Design Arena: websites11751089DeepSeek V3.2
Design Arena: UI components1149Not measuredOnly DeepSeek V3.2 measured
Design Arena: game dev1132Not measuredOnly DeepSeek V3.2 measured
Design Arena: data viz1158Not measuredOnly DeepSeek V3.2 measured
Design Arena: 3D1133Not measuredOnly DeepSeek V3.2 measured
Design Arena: all code categories11641098DeepSeek V3.2
Design Arena: SVG1032Not measuredOnly DeepSeek V3.2 measured
Design Arena: ASCII art1083Not measuredOnly DeepSeek V3.2 measured
Neither model has a result on the other 1 board here
GeneralLike-for-likePublic boards, shown as published, kept out of the index20
General benchmarks for DeepSeek V3.2 and Kimi K2 0905
BenchmarkDeepSeek V3.2Kimi K2 0905Leader
IFBench60.7%41.7%DeepSeek V3.2
Long context reasoning (AA-LCR)73.3%53.0%DeepSeek V3.2
DTBench85.6%Not measuredOnly DeepSeek V3.2 measured
LMCA28.8%Not measuredOnly DeepSeek V3.2 measured
Fiction.LiveBenchNot measured66.7%Only Kimi K2 0905 measured
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 Kimi K2 0905
BenchmarkDeepSeek V3.2Kimi K2 0905Leader
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
Kimi K2 0905$0.0019Fits in one request

DeepSeek V3.2 costs less

Repository review

50K input + 3K output tokens

DeepSeek V3.2$0.017Fits in one request
Kimi K2 0905$0.037Fits in one request

DeepSeek V3.2 costs less

Agent loop

200K input + 10K output tokens

DeepSeek V3.2$0.067Exceeds the context window
Kimi K2 0905$0.145Fits in one request

DeepSeek V3.2 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 Kimi K2 0905
SpecificationDeepSeek V3.2MoonshotAI Kimi K2 0905
MakerDeepSeekMoonshot AI
WeightsOpen weightsOpen weights
ReleasedDecember 1, 2025September 4, 2025
Context window164K262K
Input $/Mtok$0.29$0.60
Output $/Mtok$0.88$2.50
Coding index30.0Not benchmarked
Independent measurements behind it30
Cost per solved task$0.99Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is DeepSeek V3.2 better than Kimi K2 0905 for coding?

Only DeepSeek V3.2 has a coding score, 30.0 on the Vibe Coding Index; Kimi K2 0905 has none, so the two cannot be ranked on coding. Pick Kimi K2 0905 for a larger context window (262K against 164K tokens).

Which is cheaper, DeepSeek V3.2 or Kimi K2 0905?

DeepSeek V3.2 costs $0.29 per million input tokens and $0.88 per million output tokens; Kimi K2 0905 costs $0.60 and $2.50. Cost per solved task is known for DeepSeek V3.2 only.

Which has the bigger context window, DeepSeek V3.2 or Kimi K2 0905?

Kimi K2 0905, with 262K tokens against 164K.

How many benchmarks is the DeepSeek V3.2 vs Kimi K2 0905 comparison based on?

13 benchmarks have a result for both models as of October 21, 2026. DeepSeek V3.2's coding index rests on 3 independent benchmarks and Kimi K2 0905's on 0. Where only one model has a result, the page says so instead of naming a winner.

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