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Head-to-head comparison

DeepSeek V3.2 vs Nemotron 3 Ultra

DeepSeek V3.2 (DeepSeek) and Nemotron 3 Ultra (NVIDIA) compared on the ModelCap Index, API price, context window, provider availability, weight access and every public benchmark board they share. Figures are the same ones shown on the live rankings; nothing here is a hidden score.

Snapshot as of 9 September 2026

As of 9 September 2026, DeepSeek V3.2 holds the stronger ModelCap Index position (#51 vs #54); DeepSeek V3.2 is 7.8× cheaper per output token ($0.40/1M vs $3.13/1M); Nemotron 3 Ultra offers the longer context window (262K vs 164K tokens); and DeepSeek V3.2 ships open weights.

Which should you choose?

Choose DeepSeek V3.2 if…

  • you want the stronger overall ModelCap Index position — #51 against #54 (58.2 vs 56.6 points).
  • API cost matters — $0.40/1M output tokens against $3.13/1M, about 7.8× cheaper.
  • your workload is prompt-heavy — input tokens cost $0.269/1M against $0.625/1M.
  • you want to self-host: DeepSeek V3.2 ships open weights while Nemotron 3 Ultra is restricted license.
  • you want provider choice — 15 listed API providers against 3.

Choose Nemotron 3 Ultra if…

  • you need the longer context window — 262K tokens against 164K.
  • AA Terminal-Bench 2.1 is your yardstick — 53.9% against 46.8%.
  • AA τ²-Bench Telecom is your yardstick — 83.3% against 78.9%.
  • AA Humanity's Last Exam is your yardstick — 28.4% against 11.2%.
  • you want the more recently listed model — Nemotron 3 Ultra was listed 4 June 2026, DeepSeek V3.2 1 December 2025.

DeepSeek V3.2 vs Nemotron 3 Ultra: specs, pricing and context

Specification comparison of DeepSeek V3.2 and Nemotron 3 Ultra
FieldDeepSeek V3.2DeepSeekNemotron 3 UltraNVIDIA
ModelCap Index position#51#54
Index score58.256.6
EvidenceMeasuredMeasured
Input price / 1M tokens$0.269$0.625
Output price / 1M tokens$0.40$3.13
Context window164K tokens262K tokens
Max output tokens66K33K
API providers listed153
Weight accessOpen weightsRestricted license
Input modalitiesTextText
First listed1 December 20254 June 2026
PublisherDeepSeekNVIDIA

Evidence: 4 public benchmark observations across 4 boards · 1 public benchmark observation across 1 board. Prices are the lowest listed API offer per million tokens observed on the OpenRouter catalogue.

Benchmark scores: DeepSeek V3.2 vs Nemotron 3 Ultra

Public benchmark boards where DeepSeek V3.2 or Nemotron 3 Ultra has a published result
BoardDeepSeek V3.2Nemotron 3 UltraLeads
Arena codingArena (LMArena)14761469–1483Thinking—Only one result
ARC-AGI-2ARC Prize Foundation4.0%—Only one result
SWE-benchSWE-bench (Princeton / SWE-agent team)70.0%High—Only one result
AA Intelligence IndexArtificial Analysis—23.4intelligence-index:v4.3:reasoning-unspecifiedOnly one result
AA Terminal-Bench 2.1Artificial Analysis46.8%terminal-bench:2.1:terminus-2:e2b:pass-at-1:3-repeats:source-model="DeepSeek V3.2":reasoning=true53.9%terminal-bench:2.1:terminus-2:e2b:pass-at-1:3-repeats:source-model="Nemotron 3 Ultra":reasoning=trueNemotron 3 Ultra
AA τ²-Bench TelecomArtificial Analysis78.9%tau2:telecom:dual-control:pass-at-1:3-repeats:source-model="DeepSeek V3.2 (Non-reasoning)":reasoning=false83.3%tau2:telecom:dual-control:pass-at-1:3-repeats:source-model="Nemotron 3 Ultra":reasoning=trueNemotron 3 Ultra
AA Humanity's Last ExamArtificial Analysis11.2%hle:may-2025:text-only-2158:no-tools:pass-at-1:source-model="DeepSeek V3.2 (Non-reasoning)":reasoning=false28.4%hle:may-2025:text-only-2158:no-tools:pass-at-1:source-model="Nemotron 3 Ultra":reasoning=trueNemotron 3 Ultra
WildClawBench OpenClawWildClawBench34.0—Only one result

Scores are the sources' own published figures for each model's best evaluated configuration; ModelCap never re-runs a benchmark.

Want a different pairing? Open the interactive comparison tool to swap either model for any current ranked language model.

DeepSeek V3.2 vs Nemotron 3 Ultra: common questions

Is DeepSeek V3.2 better than Nemotron 3 Ultra?

DeepSeek V3.2 ranks higher on the ModelCap Index as of 9 September 2026: #51 against #54. That is a capability ranking built from public benchmark evidence with published uncertainty; whether it is "better" for you also depends on price, context and where you can run it. Their published uncertainty intervals overlap, so the rank difference alone does not establish a reliable capability advantage for your workload.

Is DeepSeek V3.2 cheaper than Nemotron 3 Ultra?

DeepSeek V3.2 is cheaper on output tokens: $0.40/1M against $3.13/1M. Input tokens are $0.269/1M for DeepSeek V3.2 and $0.625/1M for Nemotron 3 Ultra. Prices are the lowest listed API offer ModelCap observed, in USD per million tokens. For 1,000 requests with 2,000 input and 500 output tokens each (2M input + 0.5M output), the listed-rate estimate is $0.74 for DeepSeek V3.2 versus $2.81 for Nemotron 3 Ultra. DeepSeek V3.2 costs 73.8% less in this scenario. This excludes caching, batch discounts, prompt-length tiers, tool charges and retries; verify the selected endpoint before budgeting.

Which has the bigger context window, DeepSeek V3.2 or Nemotron 3 Ultra?

Nemotron 3 Ultra has the larger context window: 262K tokens against 164K.

Which is better for coding, DeepSeek V3.2 or Nemotron 3 Ultra?

AA Terminal-Bench 2.1: DeepSeek V3.2 46.8%, Nemotron 3 Ultra 53.9% — Nemotron 3 Ultra leads.

Are DeepSeek V3.2 and Nemotron 3 Ultra open-weight models?

DeepSeek V3.2: Open weights. Nemotron 3 Ultra: Restricted license. Open weights mean the checkpoint can be downloaded and self-hosted under its licence; API-only models are available solely through hosted endpoints.

Where can I run DeepSeek V3.2 and Nemotron 3 Ultra?

ModelCap currently lists 15 API providers for DeepSeek V3.2 and 3 for Nemotron 3 Ultra, from the OpenRouter catalogue snapshot the site serves; each model page lists the providers and their prices.

How current is this DeepSeek V3.2 vs Nemotron 3 Ultra comparison?

Every figure comes from the sealed ModelCap dataset published 9 September 2026; the page re-renders within a minute of each data refresh, and the ModelCap Index positions are the same ones shown on the live rankings.

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