deepseek-v3.2 vs kimi-k2.6
deepseek-v3.2 is 3.4× cheaper on input than kimi-k2.6.
| deepseek-v3.2 | kimi-k2.6 | |
|---|---|---|
| Input / 1M | $0.28 | $0.95 |
| Cached input / 1M | — | $0.16 |
| Output / 1M | $0.40 | $4.00 |
| Context window | 164K | 262K |
| Max output | 164K | 262K |
| Provider | DeepSeek | Moonshot |
| Vision | No | Yes |
| Tool calling | Yes | Yes |
| Token count | estimated | estimated |
Capability for the money
Independent measurement · Artificial Analysis · read 2026-08-11Not the same tier: kimi-k2.6 leads deepseek-v3.2 by 27.0 points on following instructions (IFBench), for 5.5× the price.
Following instructions
extraction, classification, sticking to a format
IFBenchkimi-k2.6 +27.0
Tool use
multi-step agent work against real tools
τ²-benchkimi-k2.6 +17.0
Hard reasoning
graduate-level science and multi-step analysis
GPQA Diamondkimi-k2.6 +16.0
Averaged over the benchmarks both models sat, deepseek-v3.2 returns 218.3 points of pass rate per dollar of blended price against 51.2 — the ratio that decides whether the dearer model earns its rate.
Each figure is a pass rate: the share of that test set the model answered correctly, measured by a third party rather than self-reported by the lab. Rows are different tests of different difficulty, so compare a model against the other model, not one row against the next. No published coding score for one of these models, so that lens is omitted. And a benchmark is not your workload — it narrows the shortlist, it does not pick for you.
Which to pick
- Cheaper input: deepseek-v3.2
- Cheaper output: deepseek-v3.2
- Larger context: kimi-k2.6
- Better at following instructions: kimi-k2.6 (49.0% vs 76.0% on IFBench)
- Better at tool use: kimi-k2.6 (78.9% vs 95.9% on τ²-bench)
- Better at hard reasoning: kimi-k2.6 (75.1% vs 91.1% on GPQA Diamond)
List price is not production cost. Output length, cache hit rate, retries and task quality move the real number more than the headline rate does — price your own prompt on the token ledger before deciding.
Related comparisons
deepseek-v3.2 detail · kimi-k2.6 detail · All DeepSeek pricing · All comparisons