Is Kimi K2 Thinking or DeepSeek-R1 cheaper?

Kimi K2 Thinking is cheaper on output tokens ($2.50 vs $5.40 per 1M).

Which has the larger context window, Kimi K2 Thinking or DeepSeek-R1?

Kimi K2 Thinking has the larger context window (262K tokens).

Kimi K2 Thinking vs DeepSeek-R1

Kimi K2 Thinking is cheaper on output tokens, while Kimi K2 Thinking offers a larger context window. Choose Kimi K2 Thinking or DeepSeek-R1 based on the trade-off between cost, context, and the benchmarks that matter for your use case.

Spec	Kimi K2 Thinking	DeepSeek-R1
Provider	Azure	Azure
Input / 1M tokens	$0.60	$1.35
Output / 1M tokens	$2.50	$5.40
Context window	262K	164K
Parameters	1T	671B
Open weights	Yes	Yes
Released	Nov 2025	Jan 2025

Kimi K2 Thinking details →DeepSeek-R1 details →

FAQ

Pricing is indicative — confirm with the provider before production use. Highlighted values indicate the better figure for that row.