DeepSeek V4 vs gpt-oss-120b

DeepSeek · China  |  OpenAI · US · Updated June 2026

Quick verdict

Pick DeepSeek V4 for near-frontier coding at ~1/12 the cost or open mit-licensed weights you can self-host. Pick gpt-oss-120b for self-hostable on a single 80gb h100 gpu via mxfp4 or configurable reasoning depth (low/medium/high). On a tight budget at scale, gpt-oss-120b is the value pick.

DeepSeek V4 (DeepSeek, China) and gpt-oss-120b (OpenAI, US) line up two different AI ecosystems against each other — a comparison that is as much about cost philosophy and openness as raw capability. DeepSeek V4 is china's open-weight price earthquake — near-frontier capability at roughly a twelfth of GPT-5.5's cost. gpt-oss-120b is openAI's open-weight 117B-parameter MoE reasoning model (5.1B active) that runs on a single 80GB GPU and approaches o4-mini on reasoning, coding, and tool use. They diverge most on price, context window and coding benchmarks — each quantified below from the models' real specs.

Key differences at a glance

Side-by-side specs

SpecDeepSeek V4gpt-oss-120b
ProviderDeepSeek (China) OpenAI (US)
ReleasedApril 24, 2026 August 5, 2025
Context window1M (~1,500 pages) 131K (~197 pages)
Price (in/out)$0.435/$0.87 per 1M tokens Open weight (self-host / free)
Open weight?Yes — self-hostable Yes — self-hostable
Modalitiestext, code text, code
SWE-Bench Verified80.6% 62.4%
MRCR v2 @ 1MNot published Not published

Who wins what

Near-frontier coding at ~1/12 the cost

DeepSeek V4

A core design strength of DeepSeek V4.

Open MIT-licensed weights you can self-host

DeepSeek V4

A core design strength of DeepSeek V4.

No long-context surcharge

DeepSeek V4

A core design strength of DeepSeek V4.

Self-hostable on a single 80GB H100 GPU via MXFP4

gpt-oss-120b

A core design strength of gpt-oss-120b.

Configurable reasoning depth (low/medium/high)

gpt-oss-120b

A core design strength of gpt-oss-120b.

Agentic tool use, function calling, and code execution

gpt-oss-120b

A core design strength of gpt-oss-120b.

Lowest cost at scale

gpt-oss-120b

At Open weight (self-host / free), it is the cheaper of the two — the gap dominates the bill on high-volume workloads.

Largest single-prompt input

DeepSeek V4

Its 1M window is about 7.6× larger, fitting roughly 1,500 pages in one prompt.

Which should you pick?

A cost-sensitive startup shipping high volume

gpt-oss-120b

At Open weight (self-host / free) it undercuts DeepSeek V4, and on millions of tokens that margin decides the monthly bill.

Someone analysing very long documents or codebases

DeepSeek V4

Larger 1M window fits more in one prompt.

Anyone whose priority is near-frontier coding at ~1/12 the cost

DeepSeek V4

It is specifically built for that.

Anyone whose priority is self-hostable on a single 80gb h100 gpu via mxfp4

gpt-oss-120b

That is its strongest area.

An enterprise with regional data-residency rules

gpt-oss-120b or DeepSeek V4

Origin (China vs US) affects where data is processed and which compliance regime applies — check the provider's terms for your region.

DeepSeek V4: where it fits

China's open-weight price earthquake — near-frontier capability at roughly a twelfth of GPT-5.5's cost. Released April 24, 2026 by DeepSeek, it is built for near-frontier coding at ~1/12 the cost, open MIT-licensed weights you can self-host, no long-context surcharge, and highest LiveCodeBench result.

Its trade-offs are real: trails the very best on hardest agentic coding, and text/code focused, less multimodal. At $0.435 in / $0.87 out per million tokens, it sits in the budget price band.

gpt-oss-120b: where it fits

OpenAI's open-weight 117B-parameter MoE reasoning model (5.1B active) that runs on a single 80GB GPU and approaches o4-mini on reasoning, coding, and tool use. Released August 5, 2025 by OpenAI, it is built for self-hostable on a single 80GB H100 GPU via MXFP4, configurable reasoning depth (low/medium/high), agentic tool use, function calling, and code execution, and full chain-of-thought visibility for debugging.

Its trade-offs: text-only, no image, audio, or video input, and 131K context and 5.1B active params trail the largest frontier closed models. As an open-weight model, its running cost is your own hardware rather than a per-token fee.

The bottom line for this matchup

This is less "which is smarter" and more "which ecosystem fits." DeepSeek V4 (China) and gpt-oss-120b (US) differ on pricing philosophy, data-residency, and tooling as much as on raw scores. gpt-oss-120b is the cheaper option, which matters at volume. The pragmatic move is to run one real task through both and judge the outputs against your own constraints — including where your data is allowed to be processed.

Want both DeepSeek V4 and gpt-oss-120b without two subscriptions? LumiChats gives you these plus 40+ models under one ₹69/day pass (about $1/day) — draft with one, cross-check with the other.

See pricing

Frequently asked questions

Is DeepSeek V4 or gpt-oss-120b better for coding?

On SWE-Bench Verified, DeepSeek V4 scores 80.6% and gpt-oss-120b scores 62.4% — DeepSeek V4 has the measurable edge.

Which is cheaper, DeepSeek V4 or gpt-oss-120b?

gpt-oss-120b is cheaper — $0.435/$0.87 per 1M tokens vs Open weight (self-host / free).

Which has the bigger context window?

DeepSeek V4 — 1M vs 131K, about 7.6× larger. Useful only if the model actually reasons over the full window, which not all do.

Can I use both DeepSeek V4 and gpt-oss-120b together?

Yes — a multi-model platform like LumiChats gives you DeepSeek V4, gpt-oss-120b and 40+ others under one ₹69/day pass (about $1/day), so you can draft with one and cross-check with the other instead of buying two subscriptions.

Which is newer, DeepSeek V4 or gpt-oss-120b?

DeepSeek V4 — released April 24, 2026, about 9 months after gpt-oss-120b.

Related comparisons

Specifications and benchmarks reflect publicly reported figures as of June 2026 and may change as providers release updates. Always verify on your own workload.