OpenAI o1 vs DeepSeek Chat V3

Performance benchmarks + pricing comparison — updated April 2026

OpenAI o1

OpenAI

Reasoning model optimized for complex problem-solving. Excels at math, science, and advanced coding.

Input$15.00/M
Output$60.00/M
Context200K tokens
Best ForComplex math, advanced coding, scientific reasoning
Benchmark83/100

DeepSeek Chat V3

DeepSeek

Very affordable general-purpose model from DeepSeek. Strong coding and reasoning at low cost.

Input$0.270/M
Output$1.10/M
Context128K tokens
Best ForCost-sensitive projects, coding, general tasks
Benchmark62/100

Benchmark Performance Comparison

Third-party benchmark scores — higher is better. Data sourced from SWE-bench, LiveCodeBench, HumanEval, and BigCodeBench.

BenchmarkOpenAI o1DeepSeek Chat V3Leader
Overall Score 83 62 o1 leads by 21pts
SWE-bench Verified 80 56 o1 leads by 24pts
LiveCodeBench 84 64 o1 leads by 20pts
HumanEval 95 84 o1 leads by 11pts
BigCodeBench 73 46 o1 leads by 27pts

Cost Comparison by Scenario

Estimated cost per project with 30% cache hit rate. Actual costs may vary based on usage patterns.

ScenarioOpenAI o1DeepSeek Chat V3Savings
Small Script (1K lines) $2.32 $0.04 DeepSeek Chat V3 saves $2.28 (98%)
Medium Feature (10K lines) $17.25 $0.31 DeepSeek Chat V3 saves $16.94 (98%)
Large Project (50K lines) $86.25 $1.57 DeepSeek Chat V3 saves $84.68 (98%)
Code Review (5K lines) $4.13 $0.07 DeepSeek Chat V3 saves $4.05 (98%)

Value Analysis (Price per Benchmark Score Point)

Lower is better — how much you pay for each point of benchmark performance.

ModelOverall ScorePrice per Score PointVerdict
OpenAI o1 83 $0.181/pt Higher cost per point
DeepSeek Chat V3 62 $0.004/pt Better value

DeepSeek Chat V3 delivers the best value at $0.004 per score point.

Strengths & Weaknesses

OpenAI o1

  • + Strong step-by-step reasoning
  • + Best at math-heavy coding
  • - Expensive
  • - Slow

DeepSeek Chat V3

  • + Excellent value
  • + Strong coding focus
  • - Less general-purpose

Verdict

DeepSeek Chat V3 is cheaper at $0.270/M, but OpenAI o1 scores higher on benchmarks (83 vs 62).

Choose DeepSeek Chat V3 for cost-sensitive projects, OpenAI o1 when performance matters most.

Compare with Other Models