Live pricing — last refreshed May 28, 2026

DeepSeek: R1 Distill Qwen 32B vs OpenAI: o4 Mini Deep Research

Head-to-head API pricing and cost comparison between DeepSeek’s DeepSeek: R1 Distill Qwen 32B and OpenAI’s OpenAI: o4 Mini Deep Research. Prices auto-refresh daily from OpenRouter.

Verdict

DeepSeek: R1 Distill Qwen 32B is 86% cheaper for input tokens; DeepSeek: R1 Distill Qwen 32B also wins on output tokens.

Side-by-side comparison

SpecDeepSeek: R1 Distill Qwen 32BOpenAI: o4 Mini Deep Research
Input price (per 1M)$0.29$2.00
Cached input (per 1M)$0.50
Output price (per 1M)$0.29$8.00
Batch input (per 1M)$1.00
Batch output (per 1M)$4.00
Reasoning price (per 1M)
Context window128K200K
Vision supportNoYes
Caching supportNoYes
Batch APINoYes
Reasoning capabilityNoYes

Monthly cost at volume

Estimated monthly API spend at common production traffic levels (input/output tokens per request shown).

VolumeDeepSeek: R1 Distill Qwen 32BOpenAI: o4 Mini Deep ResearchSavings
1K req/day
500in / 200out tokens
$6.09$78.00$71.91
DeepSeek: R1 Distill Qwen 32B wins
10K req/day
1500in / 500out tokens
$174.00$2,100$1,926
DeepSeek: R1 Distill Qwen 32B wins
100K req/day
3000in / 800out tokens
$3,306$37,200$33,894
DeepSeek: R1 Distill Qwen 32B wins
1M req/day
8000in / 2000out tokens
$87,000$960,000$873,000
DeepSeek: R1 Distill Qwen 32B wins
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Frequently asked questions

Which is cheaper, DeepSeek: R1 Distill Qwen 32B or OpenAI: o4 Mini Deep Research?

For input tokens, DeepSeek: R1 Distill Qwen 32B is roughly 86% cheaper at $0.29/1M vs $2.00/1M. For output tokens, DeepSeek: R1 Distill Qwen 32B wins at $0.29/1M. Real-world cost depends on your input/output ratio — use the calculator to model your actual workload.

What’s the context window difference?

DeepSeek: R1 Distill Qwen 32B has a context window of 128K tokens. OpenAI: o4 Mini Deep Research offers 200K tokens. Larger context windows are valuable for long documents, RAG pipelines, and multi-turn conversations — but they come with higher input-token bills if you fill them every request.

Should I use DeepSeek: R1 Distill Qwen 32B or OpenAI: o4 Mini Deep Research?

Choose DeepSeek: R1 Distill Qwen 32B if you’re already on the DeepSeek stack, want broad ecosystem support, or prefer its lower input price. Choose OpenAI: o4 Mini Deep Research for OpenAI’s ecosystem, native vision input, or its differentiated capabilities. Run a small benchmark on your own prompts before committing — price is only one axis.

How are these prices kept current?

Prices are pulled directly from OpenRouter’s public models API once every 24 hours via a Convex cron job, then normalized to per-1M-token figures. Last refresh: May 28, 2026.