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DeepSeek V3.2 (Chat) vs Qwen 3.5 397B

Complete pricing and performance comparison between DeepSeek's DeepSeek V3.2 (Chat) and Alibaba's Qwen 3.5 397B.

Quick Verdict

Cheaper
DeepSeek V3.2 (Chat)
2.1x cheaper input, 8.6x cheaper output
Larger Context
DeepSeek V3.2 (Chat)
128K vs 128K

Pricing Comparison

SpecDeepSeek V3.2 (Chat)Qwen 3.5 397BDifference
ProviderDeepSeekAlibaba
Input / 1M tokens$0.28$0.6DeepSeek V3.2 (Chat) is 53% more expensive
Output / 1M tokens$0.42$3.6DeepSeek V3.2 (Chat) is 88% more expensive
Context Window128K128KSame
Max Output8K33K

Performance Benchmarks

MetricDeepSeek V3.2 (Chat)Qwen 3.5 397BWinner
Quality Index32--N/A
Output Speed34 tok/s--N/A
Value (Quality/$)114.6--Higher = better value

Benchmark data from Artificial Analysis. Quality Index is a composite score across reasoning, coding, and knowledge tasks.

Cost at Scale

Estimated cost at different usage levels (3:1 input-to-output token ratio, typical for chat).

UsageDeepSeek V3.2 (Chat)Qwen 3.5 397BSavings
Single request
1K in / 300 out
$0.0004$0.0017DeepSeek V3.2 (Chat) saves $0.0013
10 requests
10K in / 3K out
$0.0041$0.017DeepSeek V3.2 (Chat) saves $0.013
100 requests
100K in / 30K out
$0.041$0.168DeepSeek V3.2 (Chat) saves $0.127
1,000 requests
1M in / 300K out
$0.406$1.68DeepSeek V3.2 (Chat) saves $1.27
10,000 requests
10M in / 3M out
$4.06$16.80DeepSeek V3.2 (Chat) saves $12.74
1M requests/mo
1B in / 300M out
$406.00$1680.00DeepSeek V3.2 (Chat) saves $1274.00

Pros & Cons

DeepSeek V3.2 (Chat) Strengths

  • +Cheaper input tokens
  • +Cheaper output tokens

Qwen 3.5 397B Strengths

  • +Higher max output tokens

When to Use Each Model

Choose DeepSeek V3.2 (Chat) for

  • Budget-conscious projects where cost is the primary factor

Choose Qwen 3.5 397B for

  • Generating long-form content or detailed code

Frequently Asked Questions

Which is cheaper, DeepSeek V3.2 (Chat) or Qwen 3.5 397B?
For input tokens, DeepSeek V3.2 (Chat) is 2.1x cheaper at $0.28/1M tokens. For output tokens, DeepSeek V3.2 (Chat) is 8.6x cheaper at $0.42/1M tokens. At typical usage (1M input + 300K output), DeepSeek V3.2 (Chat) costs $0.406 vs Qwen 3.5 397B at $1.68.
What's the context window difference?
DeepSeek V3.2 (Chat) supports 128K context (128,000 tokens), while Qwen 3.5 397B supports 128K (128,000 tokens). Qwen 3.5 397B can handle 1x more context in a single request.
Which model has better benchmarks?
When should I choose DeepSeek V3.2 (Chat) over Qwen 3.5 397B?
Choose DeepSeek V3.2 (Chat) when you need: Cheaper input tokens, Cheaper output tokens. Choose Qwen 3.5 397B when you need: Higher max output tokens.
How much would 10,000 API requests cost?
At 1K input + 300 output tokens per request (typical chat): DeepSeek V3.2 (Chat) = $4.06, Qwen 3.5 397B = $16.80. At 10K input + 1K output per request (longer conversations): DeepSeek V3.2 (Chat) = $32.20, Qwen 3.5 397B = $96.00.

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