DeepSeek

DeepSeek V4 Pricing

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Prices verified September 14, 2026

DeepSeek V4 costs $0.66 per million input tokens and $1.98 per million output tokens on the DeepSeek API. Cached input reads are billed at $0.022 per million tokens. It supports a 1,000,000-token context window and up to 384,000 output tokens per request. The model supports extended reasoning, tool use. Pricing verified September 14, 2026.

DeepSeek V4 API pricing

DeepSeek V4 API pricing is $0.66 per million input tokens and $1.98 per million output tokens, verified September 14, 2026.

Input (per 1M tokens)
$0.66
Output (per 1M tokens)
$1.98
Cached input (per 1M tokens)
$0.02
Context window
1,000,000 tokens
Max output
384,000 tokens
Estimate your DeepSeek V4 cost

Capabilities

DeepSeek V4 supports extended reasoning, tool use.

Extended reasoningTool use

DeepSeek V4 API pricing has changed 2 times on record, most recently on August 24, 2026 (increase).

  • August 24, 2026: Increase โ€” input $0.43 โ†’ $0.66/M (+$0.23) โ€” output $1.98/M
  • August 17, 2026: Increase โ€” input $0.43/M โ€” output $0.87 โ†’ $1.98/M (+$1.11)

Frequently asked questions

Short answers to the most common questions about DeepSeek V4 pricing, limits, and capabilities.

Notes

REPRICED 2026-08-16: DeepSeek moved V4 (and V4-Pro variant) to TIME-BASED pricing. Off-peak $0.66/$1.98 per M (stored rate); PEAK $1.32/$3.96 per M (2x). Peak hours = 01:00-04:00 and 06:00-10:00 UTC. Cache-hit input $0.003625/M. 1M context window, 384K max output. NOTE: DeepSeek V4-Pro is the frontier-tier sibling (80.6% SWE-Bench Verified, MIT license) with identical off-peak rates โ€” currently rolled into this record; consider splitting into separate row if buyer confusion emerges. Source: benchlm.ai/deepseek/api-pricing + deepseek.ai/pricing 2026-08.