ZMIME
Comparison · 2 models · Updated Nov 2, 2026

o4-mini-deep-research vs Kimi K2 Instruct 0905

Too close to call on our weighted score (Kimi K2 Instruct 0905 38, o4-mini-deep-research 37). The right pick depends on what you value most.

  1. OpenAI

    o4-mini-deep-research

    Released Jun 26, 2025

    37/100
    • ECI—
    • Price$1.80 / $7.20
    • Context200K
  2. Moonshot AI

    Kimi K2 Instruct 0905

    Released Sep 5, 2025

    38/100
    • ECI—
    • Price$0.60 / $2.50
    • Context262K
  3. Add a model

    Make it a three-way comparison.

01 — Verdict

Too close to call

It is close. Our weighted score puts them within 1 points (Kimi K2 Instruct 0905 38/100, o4-mini-deep-research 37/100), so choose by what matters most for your work: Kimi K2 Instruct 0905 on price and Kimi K2 Instruct 0905 for long inputs. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest priceKimi K2 Instruct 0905Kimi K2 Instruct 0905 $1.07 · o4-mini-deep-research $3.15 per 1M tokens (3:1 blend)
  • Longest contextKimi K2 Instruct 0905Kimi K2 Instruct 0905 262,144 · o4-mini-deep-research 200,000 tokens
  • Widest inputso4-mini-deep-researcho4-mini-deep-research: Text, Images · Kimi K2 Instruct 0905: Text
  • Self-hostingKimi K2 Instruct 0905Publishes downloadable weights (Modified MIT)
How the score is built
MeasureWeighto4-mini-deep-researchKimi K2 Instruct 0905
Price50%2546
Inputs & features30%6025
Context window20%3237
Overall100%37/10038/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

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

o4-mini-deep-research vs Kimi K2 Instruct 0905 specifications side by side
Specificationo4-mini-deep-researchOpenAIKimi K2 Instruct 0905Moonshot AI
Capability
Capabilities Index (ECI)——
ECI rank——
Price per million tokens
Input$1.80$0.60 (best)
Output$7.20$2.50 (best)
Cached input——
Blended (3:1)$3.15$1.07 (best)
Long-context rateSame rateSame rate
Price sourceMedian of 1 providersMedian of 12 providers
Limits
Context window200,000 tokens262,144 tokens (best)
Max output100,000 tokens (best)98,304 tokens
Inputs and features
TextYesYes
ImagesYesNo
PDFsNoNo
AudioNoNo
VideoNoNo
ReasoningYesNo
Tool callingYesYes
Structured outputNoNo
Availability
WeightsProprietaryOpenModified MIT
API model ID——
API providers113 (best)
ReleasedJun 26, 2025Sep 5, 2025
Knowledge cutoffMay 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.

  • o4-mini-deep-research$32.40
  • Kimi K2 Instruct 0905$11.00
04 — Questions

Which should you choose?

Which is better: o4-mini-deep-research or Kimi K2 Instruct 0905?

It is close. Our weighted score puts them within 1 points (Kimi K2 Instruct 0905 38/100, o4-mini-deep-research 37/100), so choose by what matters most for your work: Kimi K2 Instruct 0905 on price and Kimi K2 Instruct 0905 for long inputs. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, o4-mini-deep-research or Kimi K2 Instruct 0905?

Kimi K2 Instruct 0905 is cheaper at $0.60 input / $2.50 output per million tokens (median across 12 API providers). o4-mini-deep-research costs $1.80 input / $7.20 output per million tokens (median across 1 API provider). At a typical mix of three input tokens to one output token, that is $1.07 per million tokens for Kimi K2 Instruct 0905 versus $3.15 for o4-mini-deep-research (2.9× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers both models yet. o4-mini-deep-research has not been scored yet and Kimi K2 Instruct 0905 has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for o4-mini-deep-research and Kimi K2 Instruct 0905 yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. Both support tool calling for agent workflows.

Which has the bigger context window?

Kimi K2 Instruct 0905 has the largest context window at 262,144 tokens, against 200,000 for o4-mini-deep-research. Maximum output per response: o4-mini-deep-research up to 100,000, Kimi K2 Instruct 0905 up to 98,304 tokens.

Which can read images, PDFs, audio or video?

o4-mini-deep-research accepts text and images; Kimi K2 Instruct 0905 accepts text. o4-mini-deep-research handles the widest range of inputs.

Are any of these open source?

Kimi K2 Instruct 0905 publishes its weights (Modified MIT) and can be self-hosted; o4-mini-deep-research is proprietary.

Which is newer?

Kimi K2 Instruct 0905 is the newest, released Sep 5, 2025. o4-mini-deep-research came out Jun 26, 2025. Knowledge cutoff: o4-mini-deep-research May 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 Nov 2, 2026.