Anthropic Claude Opus 5 (200k) vs DeepSeek V4.5 (256k)
Side-by-side comparison of pricing, context window, capabilities, and a real-cost sample workload.
Option A
Anthropic Claude Opus 5 (200k)
by Anthropic
Context:200K
Input:$5.00 / 1M
Output:$25.00 / 1M
Released:2026-07
Option B
DeepSeek V4.5 (256k)
by DeepSeek
Context:256K
Input:$0.45 / 1M
Output:$1.80 / 1M
Released:2026-06
Detailed Comparison
| Dimension | Anthropic Claude Opus 5 (200k) | DeepSeek V4.5 (256k) |
|---|---|---|
| Provider | Anthropic | DeepSeek |
| Context window Winner | 200K | 256K |
| Input price ($/1M) Winner | $5.00 | $0.45 |
| Output price ($/1M) Winner | $25.00 | $1.80 |
| Sample workload cost Winner 1M input + 500K output tokens | $17.50 | $1.35 |
| Released Winner | 2026-07 | 2026-06 |
| Tokenizer | claude-4 | deepseek |
The verdict
On the dimensions we measured, DeepSeek V4.5 (256k) wins more often - particularly on cost-effectiveness for a typical 1M+0.5M workload.
Anthropic Claude Opus 5 (200k) - Key features
Anthropic's flagship Opus-class model for July 2026. Opus 5 pairs Mythos-class reasoning with the Opus price point, adds adaptive effort control and a hardened long-horizon agent loop that holds context across day-long tasks.
- Adaptive effort control (low to max)
- Best-in-class agentic coding
- Compaction-aware 200K context
- Native tool search and skills
- Interleaved thinking with tool use
DeepSeek V4.5 (256k) - Key features
A mid-cycle refresh of DeepSeek V4 with a doubled context window, better tool calling and a large improvement in multilingual output quality. Still open weights.
- 256K token context window
- Improved tool calling
- Open weights
- Very low cost per token
- Mixture-of-experts architecture
How to choose
- Pick the cheaper model if your workload is mostly straightforward classification, extraction, or summarization.
- Pick the bigger context if you process long documents, large codebases, or multi-document research.
- Pick the more recent release if you need state-of-the-art reasoning quality and don't mind paying a bit more.
- Use both via a routing layer - send simple tasks to the cheaper one and complex tasks to the smarter one. This is the highest-ROI optimization in production AI.
Estimate the real cost of either model for your prompts using our Token Calculator.