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DeepSeek V4 Flash 0731 vs Mercury 2.5

DeepSeek V4 Flash 0731 leads Mercury 2.5 on coding, 51.8 to 1.6 on the Vibe Coding Index, and Mercury 2.5 costs 1.9x less per output token ($0.15 vs $0.28 per million). Updated October 22, 2026; 21 benchmarks have a result for both.

DeepSeek V4 Flash 0731DeepSeek
Coding
51.8
Overall
55.2
Output $/M
$0.28
20
Mercury 2.5Inception
Coding
1.6
Overall
No data
Output $/M
$0.15
1
vs boards won of 21 shared

DeepSeek V4 Flash 0731 or Mercury 2.5: which to pick

Pick DeepSeek V4 Flash 0731 for coding: it scores 51.8 on the Vibe Coding Index against 1.6 for Mercury 2.5.

Pick Mercury 2.5 for output tokens 1.9x cheaper ($0.15 vs $0.28 per million) and work measured by LegalBench (Vals AI), where it leads.

Shared results
21
DeepSeek V4 Flash 0731 only
34
Mercury 2.5 only
1
Like-for-like categories
7 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 V4 Flash 0731 51.8 from 4 benchmarks, Mercury 2.5 1.6 from 2 benchmarks.
Widest category
Math, 53.0 points apart on average over 1 shared benchmark.
Widest single gap
Vibe Code Bench (Vals AI): DeepSeek V4 Flash 0731 74.7% against Mercury 2.5 3.7%, 71.1 points apart on a 0 to 100 scale.
Output price
DeepSeek V4 Flash 0731 $0.28 against Mercury 2.5 $0.15 per million output tokens, 1.9x apart.
Context window
DeepSeek V4 Flash 0731 takes 1.05M tokens, Mercury 2.5 260K.

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 V4 Flash 0731BarsMercury 2.5Ties
Coding90
Intelligence10
Agentic work50
Reasoning10
Math10
Knowledge11
General20
All shared boards201
CodingLike-for-likeSix of these boards feed the Vibe Coding Index90
Coding benchmarks for DeepSeek V4 Flash 0731 and Mercury 2.5
BenchmarkDeepSeek V4 Flash 0731Mercury 2.5Leader
AA Coding Index69.1Not measuredOnly DeepSeek V4 Flash 0731 measured
LiveCodeBench (Vals AI)87.3%Not measuredOnly DeepSeek V4 Flash 0731 measured
SWE-bench Verified (Vals AI)88.8%Not measuredOnly DeepSeek V4 Flash 0731 measured
Terminal-Bench 4 (Vals AI)18.7%0.0%DeepSeek V4 Flash 0731
Vibe Code Bench (Vals AI)74.7%3.7%DeepSeek V4 Flash 0731
Code migration (Vals AI)38.6%4.5%DeepSeek V4 Flash 0731
ProgramBench (Vals AI)0.0%Not measuredOnly DeepSeek V4 Flash 0731 measured
IOI (Vals AI)32.7%2.4%DeepSeek V4 Flash 0731
Terminal-Bench 2.1 (Vals AI)67.0%34.5%DeepSeek V4 Flash 0731
SkillsBench (Vals AI)50.7%18.1%DeepSeek V4 Flash 0731
CyberBench (Vals AI)72.1%45.5%DeepSeek V4 Flash 0731
SciCode50.3%38.5%DeepSeek V4 Flash 0731
FrontierCode18.8%Not measuredOnly DeepSeek V4 Flash 0731 measured
WeirdML63.0%Not measuredOnly DeepSeek V4 Flash 0731 measured
ALE-Bench1306.1301.6DeepSeek V4 Flash 0731
Neither model has a result on the other 28 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index10
Intelligence benchmarks for DeepSeek V4 Flash 0731 and Mercury 2.5
BenchmarkDeepSeek V4 Flash 0731Mercury 2.5Leader
AA Intelligence Index34.312.3DeepSeek V4 Flash 0731
Epoch Capabilities Index154.8Not measuredOnly DeepSeek V4 Flash 0731 measured
Agentic workLike-for-likePublic boards, shown as published, kept out of the index50
Agentic work benchmarks for DeepSeek V4 Flash 0731 and Mercury 2.5
BenchmarkDeepSeek V4 Flash 0731Mercury 2.5Leader
AA Agentic Index41.0Not measuredOnly DeepSeek V4 Flash 0731 measured
Finance Agent (Vals AI)49.5%18.9%DeepSeek V4 Flash 0731
Tax Agent Bench (Vals AI)28.1%2.5%DeepSeek V4 Flash 0731
Legal Research Bench (Vals AI)30.3%4.3%DeepSeek V4 Flash 0731
Excel Modeling Benchmark (Vals AI)57.0%8.8%DeepSeek V4 Flash 0731
BioMysteryBench (Vals AI)64.4%Not measuredOnly DeepSeek V4 Flash 0731 measured
Terminal-Bench-Science (Vals AI)4.3%0.0%DeepSeek V4 Flash 0731
Neither model has a result on the other 35 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index10
Reasoning benchmarks for DeepSeek V4 Flash 0731 and Mercury 2.5
BenchmarkDeepSeek V4 Flash 0731Mercury 2.5Leader
GPQA Diamond89.9%Not measuredOnly DeepSeek V4 Flash 0731 measured
GPQA Diamond (Artificial Analysis run)90.8%Not measuredOnly DeepSeek V4 Flash 0731 measured
Humanity's Last Exam (Artificial Analysis run)38.6%11.8%DeepSeek V4 Flash 0731
GPQA Diamond (Epoch AI run)91.0%Not measuredOnly DeepSeek V4 Flash 0731 measured
ARC-AGI89.0%Not measuredOnly DeepSeek V4 Flash 0731 measured
ARC-AGI-261.4%Not measuredOnly DeepSeek V4 Flash 0731 measured
SimpleBench61.1%Not measuredOnly DeepSeek V4 Flash 0731 measured
Chess puzzles32.0%Not measuredOnly DeepSeek V4 Flash 0731 measured
Mystery game puzzles34.0%Not measuredOnly DeepSeek V4 Flash 0731 measured
Neither model has a result on the other 14 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index10
Math benchmarks for DeepSeek V4 Flash 0731 and Mercury 2.5
BenchmarkDeepSeek V4 Flash 0731Mercury 2.5Leader
OTIS Mock AIME94.4%Not measuredOnly DeepSeek V4 Flash 0731 measured
FrontierMath, tiers 1 to 357.5%Not measuredOnly DeepSeek V4 Flash 0731 measured
FrontierMath, tier 424.4%Not measuredOnly DeepSeek V4 Flash 0731 measured
ProofBench56.0%3.0%DeepSeek V4 Flash 0731
Neither model has a result on the other 10 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index11
Knowledge benchmarks for DeepSeek V4 Flash 0731 and Mercury 2.5
BenchmarkDeepSeek V4 Flash 0731Mercury 2.5Leader
MMLU Pro86.2%Not measuredOnly DeepSeek V4 Flash 0731 measured
LegalBench (Vals AI)77.7%83.1%Mercury 2.5
CorpFin (Vals AI)61.9%Not measuredOnly DeepSeek V4 Flash 0731 measured
TaxEval (Vals AI)70.7%Not measuredOnly DeepSeek V4 Flash 0731 measured
MedCode (Vals AI)41.4%31.3%DeepSeek V4 Flash 0731
SimpleQA Verified33.6%Not measuredOnly DeepSeek V4 Flash 0731 measured
Neither model has a result on the other 14 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index8 boards, none shared
Web design benchmarks for DeepSeek V4 Flash 0731 and Mercury 2.5
BenchmarkDeepSeek V4 Flash 0731Mercury 2.5Leader
Design Arena: websites1237Not measuredOnly DeepSeek V4 Flash 0731 measured
Design Arena: UI components1233Not measuredOnly DeepSeek V4 Flash 0731 measured
Design Arena: game dev1207Not measuredOnly DeepSeek V4 Flash 0731 measured
Design Arena: data viz1180Not measuredOnly DeepSeek V4 Flash 0731 measured
Design Arena: 3D1208Not measuredOnly DeepSeek V4 Flash 0731 measured
Design Arena: all code categories1229Not measuredOnly DeepSeek V4 Flash 0731 measured
Design Arena: SVG1184Not measuredOnly DeepSeek V4 Flash 0731 measured
Design Arena: ASCII art1090Not measuredOnly DeepSeek V4 Flash 0731 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 V4 Flash 0731 and Mercury 2.5
BenchmarkDeepSeek V4 Flash 0731Mercury 2.5Leader
Public Benefits Bench (Vals AI)Not measured45.3%Only Mercury 2.5 measured
MedScribe (Vals AI)80.4%55.1%DeepSeek V4 Flash 0731
Long context reasoning (AA-LCR)79.7%71.7%DeepSeek V4 Flash 0731
DTBench90.9%Not measuredOnly DeepSeek V4 Flash 0731 measured
LMCA41.7%Not measuredOnly DeepSeek V4 Flash 0731 measured
Neither model has a result on the other 43 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for DeepSeek V4 Flash 0731 and Mercury 2.5
BenchmarkDeepSeek V4 Flash 0731Mercury 2.5Leader
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 V4 Flash 0731$0.0003Fits in one request
Mercury 2.5$0.0001Fits in one request

Mercury 2.5 costs less

Repository review

50K input + 3K output tokens

DeepSeek V4 Flash 0731$0.0078Fits in one request
Mercury 2.5$0.0024Fits in one request

Mercury 2.5 costs less

Agent loop

200K input + 10K output tokens

DeepSeek V4 Flash 0731$0.031Fits in one request
Mercury 2.5$0.0095Fits in one request

Mercury 2.5 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 V4 Flash 0731 and Mercury 2.5
SpecificationDeepSeek V4 Flash 0731Inception Mercury 2.5
MakerDeepSeekInception
WeightsOpen weightsNo public weights listed
ReleasedJuly 31, 2026September 8, 2026
Context window1.05M260K
Input $/Mtok$0.14$0.04
Output $/Mtok$0.28$0.15
Coding index51.81.6
Independent measurements behind it42
Cost per solved task$0.01Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is DeepSeek V4 Flash 0731 better than Mercury 2.5 for coding?

Pick DeepSeek V4 Flash 0731 for coding: it scores 51.8 on the Vibe Coding Index against 1.6 for Mercury 2.5. Pick Mercury 2.5 for output tokens 1.9x cheaper ($0.15 vs $0.28 per million) and work measured by LegalBench (Vals AI), where it leads.

Which is cheaper, DeepSeek V4 Flash 0731 or Mercury 2.5?

DeepSeek V4 Flash 0731 costs $0.14 per million input tokens and $0.28 per million output tokens; Mercury 2.5 costs $0.04 and $0.15. Cost per solved task is known for DeepSeek V4 Flash 0731 only.

Which has the bigger context window, DeepSeek V4 Flash 0731 or Mercury 2.5?

DeepSeek V4 Flash 0731, with 1.05M tokens against 260K.

How many benchmarks is the DeepSeek V4 Flash 0731 vs Mercury 2.5 comparison based on?

21 benchmarks have a result for both models as of October 22, 2026. DeepSeek V4 Flash 0731's coding index rests on 4 independent benchmarks and Mercury 2.5's on 2. 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-v4-flash-0731-vs-inception-mercury-2-5">LLMBenchmark.ai, DeepSeek V4 Flash 0731 vs Mercury 2.5</a></p>