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DeepSeek V4 Flash 0423 vs Hy3 preview

Hy3 preview leads DeepSeek V4 Flash 0423 on the Artificial Analysis Intelligence Index, 25.3 to 24.4, and DeepSeek V4 Flash 0423 costs 2.1x less per output token ($0.28 vs $0.60 per million). Updated October 22, 2026; 30 benchmarks have a result for both.

DeepSeek V4 Flash 0423DeepSeek
Coding
No data
Overall
No data
Output $/M
$0.28
27
Hy3 previewTencent
Coding
No data
Overall
No data
Output $/M
$0.60
3
vs boards won of 30 shared

DeepSeek V4 Flash 0423 or Hy3 preview: which to pick

Neither model has a coding score yet, so the two cannot be ranked on coding.

Pick DeepSeek V4 Flash 0423 for output tokens 2.1x cheaper ($0.28 vs $0.60 per million) and a larger context window (1.05M against 262K tokens).

Shared results
30
DeepSeek V4 Flash 0423 only
19
Hy3 preview only
6
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 0423 not benchmarked, Hy3 preview not benchmarked.
Widest category
Coding, 20.5 points apart on average over 6 shared benchmarks.
Widest single gap
LMArena WebDev: React: DeepSeek V4 Flash 0423 1585 against Hy3 preview 1349, 39.4 points apart on a 0 to 100 scale.
Output price
DeepSeek V4 Flash 0423 $0.28 against Hy3 preview $0.60 per million output tokens, 2.1x apart.
Context window
DeepSeek V4 Flash 0423 takes 1.05M tokens, Hy3 preview 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 V4 Flash 0423BarsHy3 previewTies
Coding51
Intelligence01
Agentic work10
Reasoning30
Math11
Knowledge40
General130
All shared boards273
CodingLike-for-likeSix of these boards feed the Vibe Coding Index51
Coding benchmarks for DeepSeek V4 Flash 0423 and Hy3 preview
BenchmarkDeepSeek V4 Flash 0423Hy3 previewLeader
LMArena WebDev15821357DeepSeek V4 Flash 0423
AA Coding Index52.058.8Hy3 preview
Terminal-Bench Hard (Artificial Analysis run)Not measured34.1%Only Hy3 preview measured
WeirdML45.6%Not measuredOnly DeepSeek V4 Flash 0423 measured
ALE-Bench678.2Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: coding14571421DeepSeek V4 Flash 0423
LMArena Text: software and IT14531423DeepSeek V4 Flash 0423
LMArena WebDev: React15851349DeepSeek V4 Flash 0423
LMArena WebDev: HTML15581356DeepSeek V4 Flash 0423
Neither model has a result on the other 30 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for DeepSeek V4 Flash 0423 and Hy3 preview
BenchmarkDeepSeek V4 Flash 0423Hy3 previewLeader
AA Intelligence Index24.425.3Hy3 preview
Epoch Capabilities Index146.1Not measuredOnly DeepSeek V4 Flash 0423 measured
Agentic workLike-for-likePublic boards, shown as published, kept out of the index10
Agentic work benchmarks for DeepSeek V4 Flash 0423 and Hy3 preview
BenchmarkDeepSeek V4 Flash 0423Hy3 previewLeader
AA Agentic Index26.324.1DeepSeek V4 Flash 0423
τ²-Bench TelecomNot measured92.7%Only Hy3 preview measured
Neither model has a result on the other 39 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index30
Reasoning benchmarks for DeepSeek V4 Flash 0423 and Hy3 preview
BenchmarkDeepSeek V4 Flash 0423Hy3 previewLeader
GPQA Diamond (Artificial Analysis run)Not measured86.7%Only Hy3 preview measured
Humanity's Last Exam (Artificial Analysis run)Not measured27.8%Only Hy3 preview measured
SimpleBench46.3%Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: hard prompts14441413DeepSeek V4 Flash 0423
LMArena Text: expert14411422DeepSeek V4 Flash 0423
LMArena Text: hard prompts in English14491416DeepSeek V4 Flash 0423
Kagi LLM Benchmark52.2%Not measuredOnly DeepSeek V4 Flash 0423 measured
Neither model has a result on the other 15 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index11
Math benchmarks for DeepSeek V4 Flash 0423 and Hy3 preview
BenchmarkDeepSeek V4 Flash 0423Hy3 previewLeader
LMArena Text: math14261424DeepSeek V4 Flash 0423
LMArena Text: mathematical work14321442Hy3 preview
Neither model has a result on the other 11 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index40
Knowledge benchmarks for DeepSeek V4 Flash 0423 and Hy3 preview
BenchmarkDeepSeek V4 Flash 0423Hy3 previewLeader
LMArena Text: science14461416DeepSeek V4 Flash 0423
LMArena Text: medicine and healthcare14481405DeepSeek V4 Flash 0423
LMArena Text: legal and government14391430DeepSeek V4 Flash 0423
LMArena Text: business and finance14251397DeepSeek V4 Flash 0423
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 0423 and Hy3 preview
BenchmarkDeepSeek V4 Flash 0423Hy3 previewLeader
Design Arena: websites1207Not measuredOnly DeepSeek V4 Flash 0423 measured
Design Arena: UI components1162Not measuredOnly DeepSeek V4 Flash 0423 measured
Design Arena: game dev1196Not measuredOnly DeepSeek V4 Flash 0423 measured
Design Arena: data viz1127Not measuredOnly DeepSeek V4 Flash 0423 measured
Design Arena: 3D1188Not measuredOnly DeepSeek V4 Flash 0423 measured
Design Arena: all code categories1205Not measuredOnly DeepSeek V4 Flash 0423 measured
Design Arena: SVG1155Not measuredOnly DeepSeek V4 Flash 0423 measured
Design Arena: ASCII art1109Not measuredOnly DeepSeek V4 Flash 0423 measured
Neither model has a result on the other 1 board here
GeneralLike-for-likePublic boards, shown as published, kept out of the index130
General benchmarks for DeepSeek V4 Flash 0423 and Hy3 preview
BenchmarkDeepSeek V4 Flash 0423Hy3 previewLeader
IFBenchNot measured63.1%Only Hy3 preview measured
Long context reasoning (AA-LCR)Not measured64.7%Only Hy3 preview measured
DTBench86.4%Not measuredOnly DeepSeek V4 Flash 0423 measured
LMCA35.9%Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text14321401DeepSeek V4 Flash 0423
LMArena Text: instruction following14211383DeepSeek V4 Flash 0423
LMArena Text: creative writing14031339DeepSeek V4 Flash 0423
LMArena Text: English14411409DeepSeek V4 Flash 0423
LMArena Text: non-English14191390DeepSeek V4 Flash 0423
LMArena Text: Chinese14631435DeepSeek V4 Flash 0423
LMArena Text: German1419Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: Japanese1389Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: Korean1383Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: French14391425DeepSeek V4 Flash 0423
LMArena Text: Spanish14361399DeepSeek V4 Flash 0423
LMArena Text: Russian14271399DeepSeek V4 Flash 0423
LMArena Text: Polish1436Not measuredOnly DeepSeek V4 Flash 0423 measured
LMArena Text: multi-turn14491411DeepSeek V4 Flash 0423
LMArena Text: longer queries14341402DeepSeek V4 Flash 0423
LMArena Text: writing and language14101370DeepSeek V4 Flash 0423
LMArena Text: entertainment and media14001352DeepSeek V4 Flash 0423
Neither model has a result on the other 25 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for DeepSeek V4 Flash 0423 and Hy3 preview
BenchmarkDeepSeek V4 Flash 0423Hy3 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 V4 Flash 0423$0.0003Fits in one request
Hy3 preview$0.0005Fits in one request

DeepSeek V4 Flash 0423 costs less

Repository review

50K input + 3K output tokens

DeepSeek V4 Flash 0423$0.0078Fits in one request
Hy3 preview$0.011Fits in one request

DeepSeek V4 Flash 0423 costs less

Agent loop

200K input + 10K output tokens

DeepSeek V4 Flash 0423$0.031Fits in one request
Hy3 preview$0.042Fits in one request

DeepSeek V4 Flash 0423 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 0423 and Hy3 preview
SpecificationDeepSeek V4 Flash 0423Tencent Hy3 preview
MakerDeepSeekTencent
WeightsOpen weightsOpen weights
ReleasedApril 24, 2026April 22, 2026
Context window1.05M262K
Input $/Mtok$0.14$0.18
Output $/Mtok$0.28$0.60
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it11
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is DeepSeek V4 Flash 0423 better than Hy3 preview for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick DeepSeek V4 Flash 0423 for output tokens 2.1x cheaper ($0.28 vs $0.60 per million) and a larger context window (1.05M against 262K tokens).

Which is cheaper, DeepSeek V4 Flash 0423 or Hy3 preview?

DeepSeek V4 Flash 0423 costs $0.14 per million input tokens and $0.28 per million output tokens; Hy3 preview costs $0.18 and $0.60. Cost per solved task is known for neither of them.

Which has the bigger context window, DeepSeek V4 Flash 0423 or Hy3 preview?

DeepSeek V4 Flash 0423, with 1.05M tokens against 262K.

How many benchmarks is the DeepSeek V4 Flash 0423 vs Hy3 preview comparison based on?

30 benchmarks have a result for both models as of October 22, 2026. DeepSeek V4 Flash 0423's coding index rests on 1 independent benchmark and Hy3 preview's on 1. Where only one model has a result, the page says so instead of naming a winner.

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