How much does DeepSeek V4 cost?

DeepSeek V4 is billed per token: $0.66 per million input tokens and $1.98 per million output tokens. Cached input reads cost $0.022 per million tokens.

What is the DeepSeek V4 context window?

DeepSeek V4 accepts up to 1,000,000 tokens of context and can return up to 384,000 output tokens per request.

Is DeepSeek V4 cheaper than other DeepSeek models?

No — 1 of the 2 DeepSeek models we track have a lower input price, starting with DeepSeek V4 Flash at $0.15/M.

Has DeepSeek V4 pricing changed recently?

Yes. The most recent tracked change was on August 24, 2026 (Increase).

DeepSeek V4 Pricing

Name: DeepSeek V4
Brand: DeepSeek
Price: 0.66 USD

DeepSeek · DeepSeek · Live

Prices verified November 4, 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 November 4, 2026.

DeepSeek V4 API pricing

DeepSeek V4 API pricing is $0.66 per million input tokens and $1.98 per million output tokens, verified November 4, 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

Price history

See full DeepSeek V4 price history

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

August 24, 2026: Increase — input $0.43 → $0.66/M (+$0.23) — output $1.98/M
August 17, 2026: Increase — input $0.43/M — output $0.87 → $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 — 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. [2026-09-28] Verification attempt produced no clear result — recheck next run. WATCH ITEM: one source (orcarouter.ai/blog/deepseek-v4-pro-pricing) titled "DeepSeek V4 Pro Pricing: $0.73/$2.18, Staying After Sept 14" surfaced this run, implying V4-Pro's own rate may have diverged from this row's $0.66/$1.98 after 2026-09-14. Single source only (no second independent corroboration found before the search budget ran out), and it is unclear whether it covers this record's rolled-in V4-Pro or a separately priced SKU — not applied. Recheck next run and split the row if a second source confirms V4-Pro now prices separately at $0.73/$2.18.