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DeepSeek V4 Flash vs GPT-5.4

Pricing, benchmarks, and use case comparison

Quick take

  • DeepSeek V4 Flash is meaningfully stronger at cost efficiency (95 vs 72 on our capability index).
  • GPT-5.4 is meaningfully stronger at multimodal (84 vs 10).
  • DeepSeek V4 Flash is open-weights (free to self-host); GPT-5.4 is paid API only.
  • DeepSeek V4 Flash has a 1M tokens context window vs 1,050,000 tokens (128,000 max output) - better for whole-repo or long-document work.

Specs comparison

DeepSeek V4 FlashGPT-5.4
ProviderDeepSeekOpenAI
TypeOpen sourceClosed source
Context window1M tokens1,050,000 tokens (128,000 max output)
Input / 1M tokensFree (self-host)$2.50
Output / 1M tokensFree (self-host)$15.00
Release date2026-042026-03

Benchmarks

BenchmarkDeepSeek V4 FlashGPT-5.4
Reasoning (vs V4 Pro)Closely approaches V4 Pro-

Scores sourced from official provider release posts and independent benchmark aggregators.

Which should you choose?

Choose DeepSeek V4 Flash if...

  • You want most of V4 Pro's capability at a lower price and higher throughput
  • You need long context but on a tighter compute or cost budget
  • You are serving high request volumes where per-token cost dominates
  • You want an open model small enough to self-host on modest multi-GPU setups
Full DeepSeek V4 Flash details →

Choose GPT-5.4 if...

  • Large-context tasks where GPT-5.5-level frontier reasoning is not required
  • Cost-conscious production workloads that still need strong capability
  • Migrating from GPT-5.4-based systems where behavior is already tuned
Full GPT-5.4 details →

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