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DeepSeek V3.2 Thinking

deepseek·deepseek/deepseek-v3.2-thinking·GA·Closed·deepseek series

DeepSeek chat model for instruction following, coding, and analysis

At a glance
Reference price$0.62 / $1.85 per 1M
Cache read · Vercel AI Gateway
Lowest paid$0.28 / $0.42
NanoGPT Gateway · 2.2× spread
Context128,000
⚠ Providers report 128,000–163,000; the table below is authoritative
Output limit8,000
Capabilities
ReasoningTool useStructured outputTemperatureAttachments
⚠ Providers report capability flags inconsistently
Modalities
TextPDF
Knowledge cutoff2024-07
Released / updated2025-12-01 / 2025-12-01

Quality & performance

Artificial Analysis doesn't cover this model (267 of 2059 have data). Quality data comes from independent evals covering widely used models.

Available at 3 providers3 with public prices

ProviderTierInputOutputCache readCache writeContextOutput limitStatus
NanoGPT
deepseek/deepseek-v3.2:thinking
Gateway$0.28$0.42$0.14163,00065,536
302.AIGateway$0.29$0.43128,000128,000
Vercel AI GatewayCloud$0.62$1.85128,0008,000

Sorted by blended price (input×0.75 + output×0.25) asc. The official channel always shows regardless of rank. Whether a gateway's low price is actually usable can't be verified.

Your usage cost

1NanoGPT$60.20
2302.AI$79.50
3Vercel AI Gateway$216.50
The cheapest paid channel is the only channel.

Benchmark

No upstream benchmark data for this model. For quality, see the Artificial Analysis intelligence score above.

Reasoning control

Upstream provides no control info

3 / 3 providers expose no reasoning control (reasoning_options: []).

Related models

Price historyone sample accumulated per data sync

Input listOutput listMin blended
$1.85$02026-08-052026-08-132026-08-05 · Input list $0.622026-08-06 · Input list $0.622026-08-07 · Input list $0.622026-08-08 · Input list $0.622026-08-09 · Input list $0.622026-08-10 · Input list $0.622026-08-11 · Input list $0.622026-08-12 · Input list $0.622026-08-13 · Input list $0.622026-08-05 · Output list $1.852026-08-06 · Output list $1.852026-08-07 · Output list $1.852026-08-08 · Output list $1.852026-08-09 · Output list $1.852026-08-10 · Output list $1.852026-08-11 · Output list $1.852026-08-12 · Output list $1.852026-08-13 · Output list $1.852026-08-05 · Min blended $0.3152026-08-06 · Min blended $0.3152026-08-07 · Min blended $0.3152026-08-08 · Min blended $0.3152026-08-09 · Min blended $0.3152026-08-10 · Min blended $0.3152026-08-11 · Min blended $0.3152026-08-12 · Min blended $0.3152026-08-13 · Min blended $0.315