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Comparison · 2 models · Updated Oct 4, 2026

Hy3 preview vs Step 5 Preview

Too close to call on our weighted score (Step 5 Preview 57, Hy3 preview 56). The right pick depends on what you value most.

  1. Tencent

    Hy3 preview

    Released Apr 20, 2026

    56/100
    • ECI—
    • Price$0.176 / $0.586
    • Context256K
  2. StepFun

    Step 5 Preview

    Released Sep 16, 2026

    57/100
    • ECI—
    • Price$1.00 / $2.70
    • Context1M
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01 — Verdict

Too close to call

It is close. Our weighted score puts them within 1 points (Step 5 Preview 57/100, Hy3 preview 56/100), so choose by what matters most for your work: Hy3 preview on price and Step 5 Preview for long inputs. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

  • CapabilityNot enough dataNo independent benchmark covers every model here yet
  • Lowest priceHy3 previewHy3 preview $0.279 · Step 5 Preview $1.43 per 1M tokens (3:1 blend)
  • Longest contextStep 5 PreviewStep 5 Preview 1,000,000 · Hy3 preview 256,000 tokens
  • Widest inputsStep 5 PreviewHy3 preview: Text · Step 5 Preview: Text, Images, Video
  • Self-hostingHy3 previewPublishes downloadable weights
How the score is built
MeasureWeightHy3 previewStep 5 Preview
Price50%7643
Inputs & features30%3580
Context window20%3660
Overall100%56/10057/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

Hy3 preview vs Step 5 Preview specifications side by side
SpecificationHy3 previewTencentStep 5 PreviewStepFun
Capability
Capabilities Index (ECI)——
ECI rank——
Price per million tokens
Input$0.176 (best)$1.00
Output$0.586 (best)$2.70
Cached input—$0.05
Blended (3:1)$0.279 (best)$1.43
Long-context rateSame rateSame rate
Price sourceMedian of 4 providersOfficial StepFun (Global) API
Limits
Context window256,000 tokens1,000,000 tokens (best)
Max output64,000 tokens1,000,000 tokens (best)
Inputs and features
TextYesYes
ImagesNoYes
PDFsNoNo
AudioNoNo
VideoNoYes
ReasoningYeslow · medium · highYeslow · medium · high
Tool callingYesYes
Structured outputNoYes
Availability
WeightsOpenProprietary
API model IDhy3-previewstep-5-preview
API providers57 (best)
ReleasedApr 20, 2026Sep 16, 2026
Knowledge cutoff——
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • Hy3 preview$2.93
  • Step 5 Preview$15.40
04 — Questions

Which should you choose?

Which is better: Hy3 preview or Step 5 Preview?

It is close. Our weighted score puts them within 1 points (Step 5 Preview 57/100, Hy3 preview 56/100), so choose by what matters most for your work: Hy3 preview on price and Step 5 Preview for long inputs. The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.

Which is cheaper, Hy3 preview or Step 5 Preview?

Hy3 preview is cheaper at $0.176 input / $0.586 output per million tokens (median across 4 API providers; free on Tencent TokenHub). Step 5 Preview costs $1.00 input / $2.70 output per million tokens (official StepFun (Global) API price). At a typical mix of three input tokens to one output token, that is $0.279 per million tokens for Hy3 preview versus $1.43 for Step 5 Preview (5.1× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers both models yet. Hy3 preview has not been scored yet and Step 5 Preview has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Hy3 preview and Step 5 Preview yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. Both support tool calling for agent workflows.

Which has the bigger context window?

Step 5 Preview has the largest context window at 1,000,000 tokens, against 256,000 for Hy3 preview. Maximum output per response: Hy3 preview up to 64,000, Step 5 Preview up to 1,000,000 tokens.

Which can read images, PDFs, audio or video?

Hy3 preview accepts text; Step 5 Preview accepts text, images and video. Step 5 Preview handles the widest range of inputs.

Are any of these open source?

Hy3 preview publishes its weights and can be self-hosted; Step 5 Preview is proprietary.

Which is newer?

Step 5 Preview is the newest, released Sep 16, 2026. Hy3 preview came out Apr 20, 2026.

How do you decide the winner?

Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Oct 4, 2026.