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DeepSeek V3.5 vs Kimi K3

Side-by-side pricing, capabilities, real-world cost across common scenarios, and our editorial pick.

Add a modelUp to 4 models can be compared
all prices in USD per 1M tokens
OVERALL WINNER

DeepSeek V3.5

DeepSeek · released 2025-12-01

Quality (AA Index)81
Input price$0.14
Output price$0.28
Context128K
Throughput95 tok/s
P50 latency1.5s

Kimi K3

Moonshot · released 2026-03-15

Quality (AA Index)80
Input price$0.30
Output price$1.20
Context200K
Throughput150 tok/s
P50 latency0.8s

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Head-to-head specs

Green column = winner per metric
MetricDeepSeek V3.5Kimi K3Verdict
Input price
/1M tokens
$0.14$0.30DeepSeek V3.5 −53%
Output price
/1M tokens
$0.28$1.20DeepSeek V3.5 −77%
Context window
max input length
128K200KKimi K3 +1.6×
AA Quality
AA Intelligence Index (0–100)
8180DeepSeek V3.5 +1pt
Arena Elo
LMArena human-pref Elo (800–2000)
Tied
Throughput
tokens per second
95150Kimi K3 +58%
P50 latency
first token
1.5s0.8sKimi K3 −47%
Vision
multimodal
Tied
Function calling
tool use
Tied
Reasoning mode
chain-of-thought
Tied

Monthly cost across common scenarios

Default usage assumptions
ScenarioDeepSeek V3.5Kimi K3
customer support
1000K req · 600/180 tok
$134$396
chat with docs
300K req · 4000/300 tok
$193$468
code generation
500K req · 2000/500 tok
$210$600
voice assistant
600K req · 800/200 tok
$101$288
Our pick

For most workloads, choose DeepSeek V3.5.

  • 53% cheaper input price, which compounds at scale

Roughly GPT-4o-class quality at roughly 90% off. Tradeoff is region availability (Chinese provider) and slower output throughput than Western frontier tiers.

Choose Kimi K3 instead if: Tradeoffs for this pair have not yet been documented. The quality difference may be small enough that workload fit, integration cost, and team familiarity decide the choice.

Read our deep analysis

Why pick? Use both with smart routing

Phase 2 · gateway with fallback chain

Set DeepSeek V3.5 as primary, Kimi K3 as fallback. One key, one bill, automatic failover when DeepSeek V3.5 errors.

PHASE 2 PREVIEW · gateway not live yetThis endpoint does not exist yet. The gateway is in Phase 2 — what you see below is a design preview of the planned interface, not a live API. We will email subscribers when it launches.
Preview the planned API call
$ curl https://api.aipricly.com/v1/chat/completions \
  -H "Authorization: Bearer $AIPC_KEY" \
  -d '{
    "routing": {
      "primary": "deepseek/deepseek-v3-5",
      "fallback": ["moonshot/kimi-k3"]
    },
    "messages": [{"role": "user", "content": "..."}]
  }'

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