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Step 5 Preview vs DeepSeek V4 Pro

Official StepFun and DeepSeek API prices and LMArena scores, checked 2026-11-01. Add up to 2 more models to compare 4.

Verdict

Step 5 Preview costs less; LMArena tasks are split evenly.

Step 5 Preview is 1.3x cheaper on input and 1.5x cheaper on output. Step 5 Preview scores 11 points higher for coding; DeepSeek V4 Pro scores 1 point higher for creative writing. Across 5 shared LMArena tasks, they split 1 to 1 (3 tied). A medium month (20M input + 5M output tokens) costs $33.50 on Step 5 Preview and $46.20 on DeepSeek V4 Pro.

  • Pick Step 5 Preview if you want the lower bill ($33.50 vs $46.20 for a medium month) or you care most about coding (+11).
  • Pick DeepSeek V4 Pro if you reuse long prompts (cached input $0.044 vs $0.10).
Sample month

Medium: 20M input + 5M output tokens a month at list price (short-context rate, no caching or batch discounts).

Step 5 PreviewvsDeepSeek V4 Pro
Price per 1M tokens
Input$1 (better)$1.32
Cached input$0.10$0.044 (better)
Output$2.70 (better)$3.96
Sample month, medium$33.50 (better)$46.20
Context
Context windown/a1M
Quality (LMArena relative score, out of 100)
Coding11 (better)0
Chat00
Creative writing01 (better)
Roleplay and characters00
Reasoning and math00
Vision0n/a
Long documentsn/an/a
Cheap bulk and agents21n/a

Marked side is better: lower for prices, higher for context and scores. Bars are scaled to the larger of the two.

Spec
Step 5 Preview
DeepSeek V4 Pro
Price per 1M tokens
Input$1$1.32
Cached input$0.10$0.044
Output$2.70$3.96
Blend 3:1$1.43$1.98
Sample month, medium$33.50$46.20
Context
Context windowNot published1M tokens
Quality (LMArena, out of 100)
Coding11/100 #28 of 500/100 #38 of 50
Chat0/100 #32 of 510/100 #26 of 51
Creative writing0/100 #34 of 511/100 #19 of 51
Roleplay and characters0/100 #38 of 510/100 #20 of 51
Reasoning and math0/100 #28 of 510/100 #38 of 51
Vision0/100 #23 of 33Not ranked
Long documentsNot rankedNot ranked
Cheap bulk and agents21/100 #28 of 37Not ranked
Details
ProviderStepFunDeepSeek
API model idstep-5-previewdeepseek-v4-pro
NotesPreview. The input price includes writing new content to the cache.Peak rate. Off-peak is half price.
Sources
Last checked2026-11-012026-11-01
Official pricingStepFun pricingDeepSeek pricing

API prices in USD per 1M tokens from each provider's official pricing page. Blend 3:1 = (3 x input + output) / 4. Sample month = stated input and output tokens at the list price, no caching. Quality: relative score out of 100 on each LMArena leaderboard (100 = top model we price on that board, n/a = not ranked there), data licensed CC BY 4.0. See how we pick.

Where each one ranks on LMArena

Relative score out of 100 on each leaderboard (100 = the top model we price there), with the rank among the models from our API price table that appear on that board.

  • Coding (Code Arena): Step 5 Preview #28 of 50 (11/100), DeepSeek V4 Pro #38 of 50 (0/100)
  • Chat (Text Arena): Step 5 Preview #32 of 51 (0/100), DeepSeek V4 Pro #26 of 51 (0/100)
  • Creative writing (Text Arena creative writing): Step 5 Preview #34 of 51 (0/100), DeepSeek V4 Pro #19 of 51 (1/100)
  • Roleplay and characters (Text Arena multi-turn): Step 5 Preview #38 of 51 (0/100), DeepSeek V4 Pro #20 of 51 (0/100)
  • Reasoning and math (Text Arena math): Step 5 Preview #28 of 51 (0/100), DeepSeek V4 Pro #38 of 51 (0/100)
  • Vision (Vision Arena): Step 5 Preview #23 of 33 (0/100), DeepSeek V4 Pro not ranked
  • Long documents (Document Arena): Step 5 Preview not ranked, DeepSeek V4 Pro not ranked
  • Cheap bulk and agents (Agent Arena): Step 5 Preview #28 of 37 (21/100), DeepSeek V4 Pro not ranked

Pricing details from the official pages

Step 5 Preview lists $1 input, $2.70 output, $0.10 cached input per 1M tokens on StepFun pricing. DeepSeek V4 Pro lists $1.32 input, $3.96 output, $0.044 cached input per 1M tokens on DeepSeek pricing. Prices checked 2026-11-01.

  • Step 5 Preview: Preview. The input price includes writing new content to the cache.
  • DeepSeek V4 Pro: Peak rate. Off-peak is half price.

Sample monthly bill at list price, no caching: Light (2M input + 0.5M output tokens): $3.35 vs $4.62. Medium (20M input + 5M output tokens): $33.50 vs $46.20. Heavy (200M input + 50M output tokens): $335 vs $462.

FAQ

Is Step 5 Preview cheaper than DeepSeek V4 Pro?

Step 5 Preview costs $1 input and $2.70 output per 1M tokens; DeepSeek V4 Pro costs $1.32 and $3.96. For a medium month (20M input + 5M output tokens) Step 5 Preview is cheaper: $33.50 vs $46.20.

Which is better for coding, Step 5 Preview or DeepSeek V4 Pro?

On LMArena's Code Arena Step 5 Preview scores 11/100 (#28 of 50) and DeepSeek V4 Pro 0/100 (#38 of 50), so Step 5 Preview is ahead by 11 points.

Which has the bigger context window?

Step 5 Preview: n/a. DeepSeek V4 Pro: 1M tokens.

How much do Step 5 Preview and DeepSeek V4 Pro cost per month?

Light (2M input + 0.5M output tokens): $3.35 vs $4.62. Medium (20M input + 5M output tokens): $33.50 vs $46.20. Heavy (200M input + 50M output tokens): $335 vs $462. Pick your own token counts in the plan vs API calculator.

Where do these numbers come from?

Prices come from each provider's official pricing page, checked daily. Quality is the relative score on the LMArena leaderboard dataset, licensed CC BY 4.0. Where a model is not ranked we show n/a.

Sources

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