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DeepSeek V4 Flash vs GPT-5.6 Luna

DeepSeek V4 Flash and GPT-5.6 Luna both score 52 on the Intelligence Index — and both compete on price. DeepSeek wins that contest at $0.14/$0.28 per million tokens against Luna's $0.20/$1.20; Luna answers with image input, 204 tokens-per-second output, and OpenAI ecosystem compatibility. Output-heavy workloads diverge most: Luna costs four times more per output token.

Side by side

DeepSeek V4 FlashGPT-5.6 Luna
MakerDeepSeekOpenAI
Released2026-07-312026-07-09
Context window1M tokens1M tokens
Modalities intexttext, image
Input $/MTok$0.14$0.2
Output $/MTok$0.28$1.2
Open weightsYes (Open weights)No

Prices as of ; sources on each model page.

Benchmark deltas

BenchmarkDeepSeek V4 FlashGPT-5.6 LunaΔ
AA Intelligence Index52520

Δ is DeepSeek V4 Flash minus GPT-5.6 Luna, in points. Shaded cell wins the row. Dashed values are vendor-published, not yet reproduced — methodology.

Cost calculator

DeepSeek V4 Flash
$9.8/mo
GPT-5.6 Luna
$22/mo
Difference
$12.2/mo

List prices as of 2026-08-11; excludes caching, batch, and long-context tiers — see model pages for tier notes.

Verdict

The budget tier now offers frontier-adjacent intelligence from two directions. DeepSeek V4 Flash is the price floor — output tokens at $0.28 per million make generation-heavy workloads (summarization, drafting, synthetic data) dramatically cheaper than anywhere else. Luna charges a modest premium for image input, faster and less verbose serving, and drop-in OpenAI API compatibility, which is often worth it purely as migration cost avoided. Text-only batch: DeepSeek without hesitation. Interactive products in OpenAI stacks: Luna.

Verdicts are analysis, not measurement, and are labeled as such per our editorial policy.

FAQ

Is DeepSeek V4 Flash cheaper than GPT-5.6 Luna?
Yes. DeepSeek V4 Flash costs $0.14 input / $0.28 output per million tokens against $0.2 / $1.2 for GPT-5.6 Luna (prices as of August 11, 2026).
Which has the longer context window — DeepSeek V4 Flash or GPT-5.6 Luna?
They match: both accept 1M tokens of context.
Which is the more capable model, DeepSeek V4 Flash or GPT-5.6 Luna?
They tie on the Artificial Analysis Intelligence Index: both score 52 (measured August 11, 2026). Price, speed, and modality differences decide this pairing instead.

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Comparison published August 11, 2026; underlying data last changed August 11, 2026.