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Comparison · 2 models · Updated Oct 4, 2026

DeepSeek-V3.1 vs Kimi K2 Thinking

Too close to call on our weighted score (Kimi K2 Thinking 58, DeepSeek-V3.1 55). The right pick depends on what you value most.

  1. DeepSeek

    DeepSeek-V3.1

    Released Aug 21, 2025

    55/100
    • ECI139.9
    • Price$0.385 / $1.25
    • Context131K
  2. Moonshot AI

    Kimi K2 Thinking

    Released Nov 6, 2025

    58/100
    • ECI146.0
    • Price$0.60 / $2.50
    • Context262K
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01 — Verdict

Too close to call

It is close. Our weighted score puts them within 2 points (Kimi K2 Thinking 58/100, DeepSeek-V3.1 55/100), so choose by what matters most for your work: Kimi K2 Thinking for raw capability and DeepSeek-V3.1 on price. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

  • CapabilityKimi K2 ThinkingCapabilities Index (ECI): Kimi K2 Thinking 146.0 · DeepSeek-V3.1 139.9
  • Lowest priceDeepSeek-V3.1DeepSeek-V3.1 $0.601 · Kimi K2 Thinking $1.07 per 1M tokens (3:1 blend)
  • Longest contextKimi K2 ThinkingKimi K2 Thinking 262,144 · DeepSeek-V3.1 131,072 tokens
  • Widest inputsSame inputsDeepSeek-V3.1: Text · Kimi K2 Thinking: Text
  • Self-hostingAll open weightsEvery model here can be downloaded and run on your own hardware
How the score is built
MeasureWeightDeepSeek-V3.1Kimi K2 Thinking
CapabilityCapabilities Index (ECI)50%6573
Price25%6048
Inputs & features15%3535
Context window10%2437
Overall100%55/10058/100
02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

DeepSeek-V3.1 vs Kimi K2 Thinking specifications side by side
SpecificationDeepSeek-V3.1DeepSeekKimi K2 ThinkingMoonshot AI
Capability
Capabilities Index (ECI)139.9146.0 (best)
ECI rank#100 of 148#72 of 148 (best)
GPQA DiamondGraduate-level science questions—84.2%
OTIS Mock AIME 2024–2025Competition mathematics—83.1%
Price per million tokens
Input$0.385 (best)$0.60
Output$1.25 (best)$2.50
Cached input——
Blended (3:1)$0.601 (best)$1.07
Long-context rateSame rateSame rate
Price sourceMedian of 8 providersMedian of 10 providers
Limits
Context window131,072 tokens262,144 tokens (best)
Max output8,192 tokens262,144 tokens (best)
Inputs and features
TextYesYes
ImagesNoNo
PDFsNoNo
AudioNoNo
VideoNoNo
ReasoningYesYes
Tool callingYesYes
Structured outputNoNo
Availability
WeightsOpenMIT LicenseOpen
API model ID——
API providers810 (best)
ReleasedAug 21, 2025Nov 6, 2025
Knowledge cutoff—Aug 2024
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • DeepSeek-V3.1$6.35
  • Kimi K2 Thinking$11.00
04 — Questions

Which should you choose?

Which is better: DeepSeek-V3.1 or Kimi K2 Thinking?

It is close. Our weighted score puts them within 2 points (Kimi K2 Thinking 58/100, DeepSeek-V3.1 55/100), so choose by what matters most for your work: Kimi K2 Thinking for raw capability and DeepSeek-V3.1 on price. The score weighs capability 50%, price 25%, inputs & features 15%, context window 10%.

Which is cheaper, DeepSeek-V3.1 or Kimi K2 Thinking?

DeepSeek-V3.1 is cheaper at $0.385 input / $1.25 output per million tokens (median across 8 API providers). Kimi K2 Thinking costs $0.60 input / $2.50 output per million tokens (median across 10 API providers). At a typical mix of three input tokens to one output token, that is $0.601 per million tokens for DeepSeek-V3.1 versus $1.07 for Kimi K2 Thinking (1.8× as much).

Which scores higher on benchmarks?

Kimi K2 Thinking scores higher on the Capabilities Index (ECI): Kimi K2 Thinking 146.0 (#72 of 148) and DeepSeek-V3.1 139.9 (#100 of 148). Their confidence ranges do not overlap (143.4–147.6 vs 136.1–143.3), so the gap is a real one.

Which is better for coding?

There are no published SWE-bench Verified results for DeepSeek-V3.1 and Kimi K2 Thinking yet, so there is no like-for-like coding score. On overall capability, Kimi K2 Thinking leads, which tends to carry over to coding, but test on your own codebase. Both support tool calling for agent workflows.

Which has the bigger context window?

Kimi K2 Thinking has the largest context window at 262,144 tokens, against 131,072 for DeepSeek-V3.1. Maximum output per response: DeepSeek-V3.1 up to 8,192, Kimi K2 Thinking up to 262,144 tokens.

Which can read images, PDFs, audio or video?

DeepSeek-V3.1 accepts text; Kimi K2 Thinking accepts text. They handle the same number of input types.

Are any of these open source?

Yes, both publish their weights (MIT License), so you can self-host them.

Which is newer?

Kimi K2 Thinking is the newest, released Nov 6, 2025. DeepSeek-V3.1 came out Aug 21, 2025. Knowledge cutoff: Kimi K2 Thinking Aug 2024.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Oct 4, 2026.