LLM Reference

DeepSeek V3 vs Kimi K2

DeepSeek V3 (2024) and Kimi K2 (2025) are compact production models from DeepSeek and Moonshot AI. DeepSeek V3 ships a 64k-token context window, while Kimi K2 ships a 262k-token context window. On pricing, DeepSeek V3 costs $0.10/1M input tokens versus $0.50/1M for the alternative. This comparison covers specs, pricing, API access, capabilities, benchmarks, input and output token costs, and production fit for coding and agent workloads.

DeepSeek V3 is ~400% cheaper at $0.10/1M; pay for Kimi K2 only for long-context analysis.

Decision scorecard

Local evidence first
SignalDeepSeek V3Kimi K2
Best fortool-calling agents and provider-routed productiontool-calling agents and provider-routed production
Decision fitCoding, Agents, and ClassificationRAG, Agents, and Long context
Context window64k262k
Cheapest output$0.30/1M tokens$2/1M tokens
Provider routes13 tracked3 tracked
Shared benchmarks0 shared0 shared

Decision tradeoffs

Choose DeepSeek V3 when...
  • DeepSeek V3 has the lower cheapest tracked output price at $0.30/1M tokens.
  • DeepSeek V3 has broader tracked provider coverage for fallback and route flexibility.
  • Local decision data tags DeepSeek V3 for Coding, Agents, and Classification.
Choose Kimi K2 when...
  • Kimi K2 has the larger context window for long prompts, retrieval packs, or transcript analysis.
  • Local decision data tags Kimi K2 for RAG, Agents, and Long context.

Monthly cost at traffic

Estimate token spend from the cheapest tracked input and output route or tier on this page.

Lower estimate DeepSeek V3

DeepSeek V3

$155

Cheapest tracked route/tier: Bitdeer AI

Kimi K2

$900

Cheapest tracked route/tier: AWS Bedrock

Estimated monthly gap: $745. Batch, cache, alternate speed tiers, and negotiated pricing are excluded from this local estimate.

Switch friction

DeepSeek V3 -> Kimi K2
  • Provider overlap exists on OpenRouter, AWS Bedrock, and GCP Vertex AI; start route-level A/B tests there.
  • Kimi K2 is $1.70/1M tokens higher on cheapest tracked output pricing, so quality gains need to justify the spend.
Kimi K2 -> DeepSeek V3
  • Provider overlap exists on OpenRouter, AWS Bedrock, and GCP Vertex AI; start route-level A/B tests there.
  • DeepSeek V3 is $1.70/1M tokens lower on cheapest tracked output pricing before cache, batch, or negotiated discounts.

Specs

Specification
Released2024-12-262025-07-11
Context window64k262k
Parameters671B1K
ArchitectureMixture of Experts-
LicenseMITOSI-approvedMITOSI-approved
OpennessOpen sourceOpen source
WeightsAvailableUnknown
CodeUnknownUnknown
Commercial useCommercial use: permittedCommercial use: permitted
Knowledge cutoff2024-04-

Pricing and availability

Pricing attributeDeepSeek V3Kimi K2
Input price$0.10/1M tokens$0.50/1M tokens
Output price$0.30/1M tokens$2/1M tokens
Providers

Capabilities

CapabilityDeepSeek V3Kimi K2
VisionNoNo
MultimodalNoNo
ReasoningNoNo
JSON / Tool useYesYes
Structured outputsYesYes
Code executionNoNo
IDE integrationNoNo
Computer useNoNo
Parallel agentsNoNo

Benchmarks

No shared benchmark scores are currently available for this pair.

Continue comparing

Last reviewed: 2026-06-29. Data sourced from public model cards and provider documentation.