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DeepSeek V4 Pro 0423 vs Mercury 2.5

DeepSeek V4 Pro 0423 leads Mercury 2.5 on coding, 38.7 to 1.6 on the Vibe Coding Index, and Mercury 2.5 costs 18.1x less per output token ($0.15 vs $2.716 per million). Updated October 21, 2026; 16 benchmarks have a result for both.

DeepSeek V4 Pro 0423DeepSeek
Coding
38.7
Overall
50.0
Output $/M
$2.716
15
Mercury 2.5Inception
Coding
1.6
Overall
No data
Output $/M
$0.15
1
vs boards won of 16 shared

DeepSeek V4 Pro 0423 or Mercury 2.5: which to pick

Pick DeepSeek V4 Pro 0423 for coding: it scores 38.7 on the Vibe Coding Index against 1.6 for Mercury 2.5.

Pick Mercury 2.5 for output tokens 18.1x cheaper ($0.15 vs $2.716 per million) and work measured by LegalBench (Vals AI), where it leads.

Shared results
16
DeepSeek V4 Pro 0423 only
68
Mercury 2.5 only
6
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 V4 Pro 0423 38.7 from 5 benchmarks, Mercury 2.5 1.6 from 2 benchmarks.
Widest category
Agentic work, 27.4 points apart on average over 4 shared benchmarks.
Widest single gap
Vibe Code Bench (Vals AI): DeepSeek V4 Pro 0423 49.9% against Mercury 2.5 3.7%, 46.3 points apart on a 0 to 100 scale.
Output price
DeepSeek V4 Pro 0423 $2.716 against Mercury 2.5 $0.15 per million output tokens, 18.1x apart.
Context window
DeepSeek V4 Pro 0423 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 Pro 0423BarsMercury 2.5Ties
Coding60
Intelligence10
Agentic work40
Math10
Knowledge11
General20
All shared boards151
CodingLike-for-likeSix of these boards feed the Vibe Coding Index60
Coding benchmarks for DeepSeek V4 Pro 0423 and Mercury 2.5
BenchmarkDeepSeek V4 Pro 0423Mercury 2.5Leader
LMArena WebDev1447Not measuredOnly DeepSeek V4 Pro 0423 measured
AA Coding Index59.4Not measuredOnly DeepSeek V4 Pro 0423 measured
LiveCodeBench (Vals AI)87.5%Not measuredOnly DeepSeek V4 Pro 0423 measured
SWE-bench Verified (Vals AI)77.4%Not measuredOnly DeepSeek V4 Pro 0423 measured
Terminal-Bench 4 (Vals AI)11.1%0.0%DeepSeek V4 Pro 0423
Vibe Code Bench (Vals AI)49.9%3.7%DeepSeek V4 Pro 0423
Code migration (Vals AI)26.2%4.5%DeepSeek V4 Pro 0423
ProgramBench (Vals AI)0.0%Not measuredOnly DeepSeek V4 Pro 0423 measured
IOI (Vals AI)Not measured2.4%Only Mercury 2.5 measured
Terminal-Bench 2.1 (Vals AI)50.2%34.5%DeepSeek V4 Pro 0423
SkillsBench (Vals AI)51.3%18.1%DeepSeek V4 Pro 0423
CyberBench (Vals AI)Not measured45.5%Only Mercury 2.5 measured
SciCodeNot measured38.5%Only Mercury 2.5 measured
FrontierCode17.6%Not measuredOnly DeepSeek V4 Pro 0423 measured
WeirdML48.9%Not measuredOnly DeepSeek V4 Pro 0423 measured
ALE-Bench1006.1301.6DeepSeek V4 Pro 0423
LMArena Text: coding1470Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: software and IT1469Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena WebDev: React1441Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena WebDev: HTML1435Not measuredOnly DeepSeek V4 Pro 0423 measured
Neither model has a result on the other 19 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index10
Intelligence benchmarks for DeepSeek V4 Pro 0423 and Mercury 2.5
BenchmarkDeepSeek V4 Pro 0423Mercury 2.5Leader
AA Intelligence Index30.412.3DeepSeek V4 Pro 0423
Epoch Capabilities Index149.1Not measuredOnly DeepSeek V4 Pro 0423 measured
Agentic workLike-for-likePublic boards, shown as published, kept out of the index40
Agentic work benchmarks for DeepSeek V4 Pro 0423 and Mercury 2.5
BenchmarkDeepSeek V4 Pro 0423Mercury 2.5Leader
AA Agentic Index26.3Not measuredOnly DeepSeek V4 Pro 0423 measured
Design Arena: agents building web apps1000Not measuredOnly DeepSeek V4 Pro 0423 measured
Design Arena: agents building full-stack apps948Not measuredOnly DeepSeek V4 Pro 0423 measured
Design Arena: agents building Godot games1059Not measuredOnly DeepSeek V4 Pro 0423 measured
Finance Agent (Vals AI)44.1%18.9%DeepSeek V4 Pro 0423
Tax Agent Bench (Vals AI)25.2%2.5%DeepSeek V4 Pro 0423
Legal Research Bench (Vals AI)23.1%4.3%DeepSeek V4 Pro 0423
Excel Modeling Benchmark (Vals AI)51.6%8.8%DeepSeek V4 Pro 0423
Terminal-Bench-Science (Vals AI)Not measured0.0%Only Mercury 2.5 measured
Vending-Bench 2$3,285Not measuredOnly DeepSeek V4 Pro 0423 measured
Neither model has a result on the other 31 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index9 boards, none shared
Reasoning benchmarks for DeepSeek V4 Pro 0423 and Mercury 2.5
BenchmarkDeepSeek V4 Pro 0423Mercury 2.5Leader
GPQA Diamond89.4%Not measuredOnly DeepSeek V4 Pro 0423 measured
Humanity's Last Exam (Artificial Analysis run)Not measured11.8%Only Mercury 2.5 measured
GPQA Diamond (Epoch AI run)90.9%Not measuredOnly DeepSeek V4 Pro 0423 measured
Chess puzzles19.0%Not measuredOnly DeepSeek V4 Pro 0423 measured
Mystery game puzzles17.0%Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: hard prompts1461Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: expert1463Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: hard prompts in English1466Not measuredOnly DeepSeek V4 Pro 0423 measured
Kagi LLM Benchmark53.5%Not measuredOnly DeepSeek V4 Pro 0423 measured
Neither model has a result on the other 13 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index10
Math benchmarks for DeepSeek V4 Pro 0423 and Mercury 2.5
BenchmarkDeepSeek V4 Pro 0423Mercury 2.5Leader
OTIS Mock AIME96.7%Not measuredOnly DeepSeek V4 Pro 0423 measured
FrontierMath, tiers 1 to 345.3%Not measuredOnly DeepSeek V4 Pro 0423 measured
FrontierMath, tier 42.4%Not measuredOnly DeepSeek V4 Pro 0423 measured
ProofBench16.0%3.0%DeepSeek V4 Pro 0423
LMArena Text: math1443Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: mathematical work1455Not measuredOnly DeepSeek V4 Pro 0423 measured
Neither model has a result on the other 7 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index11
Knowledge benchmarks for DeepSeek V4 Pro 0423 and Mercury 2.5
BenchmarkDeepSeek V4 Pro 0423Mercury 2.5Leader
MMLU Pro87.3%Not measuredOnly DeepSeek V4 Pro 0423 measured
LegalBench (Vals AI)80.3%83.1%Mercury 2.5
CaseLaw (Vals AI)59.4%Not measuredOnly DeepSeek V4 Pro 0423 measured
CorpFin (Vals AI)61.4%Not measuredOnly DeepSeek V4 Pro 0423 measured
TaxEval (Vals AI)72.1%Not measuredOnly DeepSeek V4 Pro 0423 measured
MedCode (Vals AI)40.5%31.3%DeepSeek V4 Pro 0423
SimpleQA Verified47.0%Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: science1470Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: medicine and healthcare1466Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: legal and government1464Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: business and finance1443Not measuredOnly DeepSeek V4 Pro 0423 measured
Neither model has a result on the other 7 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index8 boards, none shared
Web design benchmarks for DeepSeek V4 Pro 0423 and Mercury 2.5
BenchmarkDeepSeek V4 Pro 0423Mercury 2.5Leader
Design Arena: websites1234Not measuredOnly DeepSeek V4 Pro 0423 measured
Design Arena: UI components1222Not measuredOnly DeepSeek V4 Pro 0423 measured
Design Arena: game dev1229Not measuredOnly DeepSeek V4 Pro 0423 measured
Design Arena: data viz1203Not measuredOnly DeepSeek V4 Pro 0423 measured
Design Arena: 3D1254Not measuredOnly DeepSeek V4 Pro 0423 measured
Design Arena: all code categories1240Not measuredOnly DeepSeek V4 Pro 0423 measured
Design Arena: SVG1140Not measuredOnly DeepSeek V4 Pro 0423 measured
Design Arena: ASCII art1149Not measuredOnly DeepSeek V4 Pro 0423 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 Pro 0423 and Mercury 2.5
BenchmarkDeepSeek V4 Pro 0423Mercury 2.5Leader
Public Benefits Bench (Vals AI)62.9%45.3%DeepSeek V4 Pro 0423
MedScribe (Vals AI)75.1%55.1%DeepSeek V4 Pro 0423
Long context reasoning (AA-LCR)Not measured71.7%Only Mercury 2.5 measured
DTBench90.7%Not measuredOnly DeepSeek V4 Pro 0423 measured
LMCA41.2%Not measuredOnly DeepSeek V4 Pro 0423 measured
Surface Evolver Bench40.0%Not measuredOnly DeepSeek V4 Pro 0423 measured
CL-bench Life13.5%Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text1451Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: instruction following1445Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: creative writing1446Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: English1459Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: non-English1439Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: Chinese1481Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: German1458Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: Japanese1446Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: Korean1409Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: French1473Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: Spanish1457Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: Russian1453Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: Polish1461Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: multi-turn1468Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: longer queries1458Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: writing and language1447Not measuredOnly DeepSeek V4 Pro 0423 measured
LMArena Text: entertainment and media1431Not measuredOnly DeepSeek V4 Pro 0423 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 V4 Pro 0423 and Mercury 2.5
BenchmarkDeepSeek V4 Pro 0423Mercury 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 Pro 0423$0.0026Fits 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 Pro 0423$0.069Fits 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 Pro 0423$0.272Fits 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 Pro 0423 and Mercury 2.5
SpecificationDeepSeek V4 Pro 0423Inception Mercury 2.5
MakerDeepSeekInception
WeightsOpen weightsNo public weights listed
ReleasedApril 24, 2026September 8, 2026
Context window1.05M260K
Input $/Mtok$1.225$0.04
Output $/Mtok$2.716$0.15
Coding index38.71.6
Independent measurements behind it52
Cost per solved task$0.57Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is DeepSeek V4 Pro 0423 better than Mercury 2.5 for coding?

Pick DeepSeek V4 Pro 0423 for coding: it scores 38.7 on the Vibe Coding Index against 1.6 for Mercury 2.5. Pick Mercury 2.5 for output tokens 18.1x cheaper ($0.15 vs $2.716 per million) and work measured by LegalBench (Vals AI), where it leads.

Which is cheaper, DeepSeek V4 Pro 0423 or Mercury 2.5?

DeepSeek V4 Pro 0423 costs $1.225 per million input tokens and $2.716 per million output tokens; Mercury 2.5 costs $0.04 and $0.15. Cost per solved task is known for DeepSeek V4 Pro 0423 only.

Which has the bigger context window, DeepSeek V4 Pro 0423 or Mercury 2.5?

DeepSeek V4 Pro 0423, with 1.05M tokens against 260K.

How many benchmarks is the DeepSeek V4 Pro 0423 vs Mercury 2.5 comparison based on?

16 benchmarks have a result for both models as of October 21, 2026. DeepSeek V4 Pro 0423's coding index rests on 5 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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<iframe src="https://llmbenchmark.ai/embed/compare/deepseek-v4-pro-vs-inception-mercury-2-5" title="DeepSeek V4 Pro 0423 vs Mercury 2.5, LLMBenchmark.ai" width="100%" height="360" style="border:0;max-width:100%" loading="lazy"></iframe>
<p style="font:13px/1.4 sans-serif;margin:6px 0 0">Source: <a href="https://llmbenchmark.ai/compare/deepseek-v4-pro-vs-inception-mercury-2-5">LLMBenchmark.ai, DeepSeek V4 Pro 0423 vs Mercury 2.5</a></p>