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o1 vs Step 5 Preview

o1

OpenAI

74#137
vs
Step 5 Preview

StepFun

75#135
Signal-by-Signal Comparison
Signalo1DeltaStep 5 Preview
Capabilities
100
+17
83
Benchmarks
77
+4
73
Pricing
40
-57
97
Context window size
84
-11
95
Recency
13
-87
100
Output Capacity
80
+3
77
Overall Result
3 wins
of 6
3 wins
It's a tie - both models win 3 signals each

Score History

Score History (34 data points)
o1Step 5 Preview
o1

74.4

current score

Leader

Step 5 Preview

right now

Step 5 Preview

74.6

current score

LMMarketCap.com
Interactive Price Comparison
100Kcalls/month
1,000tokens (~1,333 chars)
500tokens (~667 chars)

o1

OpenAI

Per request$0.045000
Daily$150.00
Monthly$4500.00
Annual$54000.00

Step 5 Preview

StepFun

Best Value
Per request$0.002350
Daily$7.83
Monthly$235.00
Annual$2820.00

Step 5 Preview saves you $4265.00/month

That's $51180.00/year compared to o1 at your current usage level of 100K calls/month.

95% cheaper
Choose Step 5 Preview for cost optimization

o1 pricing:
Input:$15.00/M tokens
Output:$60.00/M tokens
Step 5 Preview pricing:
Input:$1.00/M tokens
Output:$2.70/M tokens
o1

OpenAI

74

Composite Score

Winner
Step 5 Preview

StepFun

75

Composite Score

Signal-by-Signal Comparison
Metrico1Step 5 PreviewWinner
Overall Score
74
75
Step 5 Preview
Rank#137#135
Step 5 Preview
Quality Rank#137#135
Step 5 Preview
Adoption Rank#137#135
Step 5 Preview
Parameters------
Context Window200K1000K
Step 5 Preview
Pricing$15.00/$60.00/M$1.00/$2.70/M--
Signal Scores
Capabilities
100
83
o1
Benchmarks
77
73
o1
Pricing
40
97
Step 5 Preview
Context window size
84
95
Step 5 Preview
Recency
13
100
Step 5 Preview
Output Capacity
80
77
o1
Benchmark Head-to-Head(12 benchmarks)
o1: 0Step 5: 1
o1
Step 5
Normalized 0-100%
MMLU
91.8%-
MMLU-Pro
80.3%-
GPQA Diamond
78%-
MATH-500
96.4%-
HumanEval
92.4%-
SWE-bench Verified
48.9%-
AIME 2024
83.3%-
IFEval
86.5%-
BBH
89%-
Arena Elo
13501447
HLE
8.12%-
BigCodeBench
32.4%-
Benchmark Interpretation

Our score (0-100) is driven by benchmark performance (90%) from Arena Elo ratings, MMLU, GPQA, HumanEval, SWE-bench, and 15+ standardized evaluations. Capabilities and context window serve as tiebreakers (10%). Learn more about our methodology.

o1Strong Performer

Scores 74/100 (rank #137), placing it in the top 53% of all 290 models tracked.

Raw Quality0/100
Cost Efficiency0/100
Speed0/100
Step 5 PreviewStrong Performer

Scores 75/100 (rank #135), placing it in the top 54% of all 290 models tracked.

Raw Quality0/100
Cost Efficiency0/100
Speed0/100

With only a 0-point gap, these models are in the same performance tier. The practical difference in output quality is minimal - your choice should depend on pricing, latency requirements, and specific feature needs.

When to Use Each Model

Choose o1 when you need:

  • Step-by-step reasoning and chain-of-thought problem solving

Choose Step 5 Preview when you need:

  • High-volume production workloads where API costs must be minimized
  • Processing long documents or large codebases (1000K token context)
  • Step-by-step reasoning and chain-of-thought problem solving
Cost-Performance Analysis
o1
Input cost$15.00/M tokens
Output cost$60.00/M tokens
Cost per quality point$1.008
Est. monthly (1M tokens/day)$1125.00
Step 5 PreviewBest Value
Input cost$1.00/M tokens
Output cost$2.70/M tokens
Cost per quality point$0.050
Est. monthly (1M tokens/day)$55.50

Step 5 Preview offers 95% better value per quality point. At 1M tokens/day, you'd spend $55.50/month with Step 5 Preview vs $1125.00/month with o1 - a $1069.50 monthly difference.

Latency & Speed
o1Faster
Speed score0/100
Step 5 Preview
Speed score0/100

Both models have comparable response speeds. For most applications, the latency difference is negligible.

When latency matters most: Interactive chatbots, IDE code completion, real-time translation, and user-facing applications where response time directly impacts experience. For batch processing, background summarization, or offline analysis, latency is less critical.

Example Use Cases

Code generation & review

Based on overall model capabilities and architecture for coding tasks like generating functions, debugging, and refactoring

o1

Customer support chatbot

Suitable for user-facing chat with competitive response times. Step 5 Preview also offers lower per-token costs for high-volume support

o1

Long document analysis

Larger context window (1000K tokens) can process longer documents, contracts, and research papers in a single pass

Step 5 Preview

Batch data extraction

Lower output pricing ($2.70/M) reduces costs when processing thousands of records daily

Step 5 Preview

Creative writing & content

Higher overall composite score (75/100) correlates with better nuance, coherence, and style in long-form content

Step 5 Preview

Image understanding & OCR

Supports vision input - can analyze screenshots, diagrams, photos, and scanned documents directly

o1
Which Should You Choose?
Our recommendation:
Step 5 Preview

o1 and Step 5 Preview are extremely close in overall performance (only 0.19999999999998863 points apart). Your best choice depends entirely on which specific strengths matter most for your use case.

by OpenAI

  • Choose for Quality - Marginally better benchmark scores; both are excellent
  • Choose for Reliability - Higher uptime and faster response speeds
  • Choose for Prototyping - Stronger community support and better developer experience
  • Choose for Production - Wider enterprise adoption and proven at scale
Step 5 Preview
Recommended

by StepFun

  • Choose for Cost - 95% lower pricing; better value at scale
Capability Comparison
Capabilityo1Step 5 Preview
Vision (Image Input)
Function Calling
Streaming
JSON Mode
Reasoning
Web Searchdiffers
Image Output
Monthly Cost Calculator
1,000tokens (600 in / 400 out)
100requests/day (3,000/month)

o1

OpenAI

$99.00
estimated monthly cost

Step 5 Preview

StepFun

Best Value
$5.04
estimated monthly cost

Step 5 Preview saves you $93.96/month

That's 95% cheaper than o1 at 1,000 tokens/request and 100 requests/day.

Assumes 60% input / 40% output token ratio per request. Actual costs may vary based on your usage pattern.

Parameters & Context
Parametero1Step 5 Preview
Context Window200K1M
Max Output Tokens100,00064,000
Open SourceNoNo
CreatedDec 17, 2024Oct 8, 2026
Last updated: 5m ago

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o1 vs Step 5 Preview (2026) | LM Market Cap