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Phi 4 vs Step 3.5 Flash

Phi 4

Microsoft

66#127
vs
Step 3.5 Flash

StepFun

66#128
Signal-by-Signal Comparison
SignalPhi 4DeltaStep 3.5 Flash
Capabilities
33
-17
50
Benchmarks
73
+7
66
Pricing
100
+0
100
Context window size
60
-17
77
Recency
33
-67
100
Output Capacity
70
-10
80
Overall Result
2 wins
of 6
4 wins
Step 3.5 Flash wins 4 of 6 signals

Score History

Score History (22 data points)
Phi 4Step 3.5 Flash
Phi 4

66.1

current score

Leader

Phi 4

right now

Step 3.5 Flash

65.8

current score

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

Phi 4

Microsoft

Best Value
Per request$0.000140
Daily$0.47
Monthly$14.00
Annual$168.00

Step 3.5 Flash

StepFun

Per request$0.000250
Daily$0.83
Monthly$25.00
Annual$300.00

Phi 4 saves you $11.00/month

That's $132.00/year compared to Step 3.5 Flash at your current usage level of 100K calls/month.

44% cheaper
Choose Phi 4 for cost optimization

Phi 4 pricing:
Input:$0.07/M tokens
Output:$0.14/M tokens
Step 3.5 Flash pricing:
Input:$0.10/M tokens
Output:$0.30/M tokens
Winner
Phi 4

Microsoft

66

Composite Score

Step 3.5 Flash

StepFun

66

Composite Score

Signal-by-Signal Comparison
MetricPhi 4Step 3.5 FlashWinner
Overall Score
66
66
Phi 4
Rank#127#128
Phi 4
Quality Rank#127#128
Phi 4
Adoption Rank#127#128
Phi 4
Parameters------
Context Window16K262K
Step 3.5 Flash
Pricing$0.07/$0.14/M$0.10/$0.30/M--
Signal Scores
Capabilities
33
50
Step 3.5 Flash
Benchmarks
73
66
Phi 4
Pricing
100
100
Phi 4
Context window size
60
77
Step 3.5 Flash
Recency
33
100
Step 3.5 Flash
Output Capacity
70
80
Step 3.5 Flash
Benchmark Head-to-Head(10 benchmarks)
Phi 4: 0Step 3.5: 1
Phi 4
Step 3.5
Normalized 0-100%
MMLU
84.8%-
MMLU-Pro
70.5%-
GPQA Diamond
56.1%-
MATH-500
80.4%-
HumanEval
82.6%-
IFEval
80.1%-
BBH
78%-
ARC-Challenge
95.5%-
Arena Elo
12561395
BigCodeBench
45.5%-
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.

Phi 4Competitive

Scores 66/100 (rank #127), placing it in the top 57% of all 290 models tracked.

Raw Quality0/100
Cost Efficiency0/100
Speed0/100
Step 3.5 FlashCompetitive

Scores 66/100 (rank #128), placing it in the top 56% 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 Phi 4 when you need:

  • High-volume production workloads where API costs must be minimized
  • Self-hosted deployments where you need full control over the model

Choose Step 3.5 Flash when you need:

  • Processing long documents or large codebases (262K token context)
  • Agentic applications using tool/function calling
  • Step-by-step reasoning and chain-of-thought problem solving
  • Self-hosted deployments where you need full control over the model
Cost-Performance Analysis
Phi 4Best Value
Input cost$0.07/M tokens
Output cost$0.14/M tokens
Cost per quality point$0.003
Est. monthly (1M tokens/day)$3.15
Step 3.5 Flash
Input cost$0.10/M tokens
Output cost$0.30/M tokens
Cost per quality point$0.006
Est. monthly (1M tokens/day)$6.00

Phi 4 offers 47% better value per quality point. At 1M tokens/day, you'd spend $3.15/month with Phi 4 vs $6.00/month with Step 3.5 Flash - a $2.85 monthly difference.

Latency & Speed
Phi 4Faster
Speed score0/100
Step 3.5 Flash
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

Phi 4

Customer support chatbot

Suitable for user-facing chat with competitive response times. Phi 4 also offers lower per-token costs for high-volume support

Phi 4

Long document analysis

Larger context window (262K tokens) can process longer documents, contracts, and research papers in a single pass

Step 3.5 Flash

Batch data extraction

Lower output pricing ($0.14/M) reduces costs when processing thousands of records daily

Phi 4

Creative writing & content

Higher overall composite score (66/100) correlates with better nuance, coherence, and style in long-form content

Phi 4
Which Should You Choose?
Our recommendation:
Phi 4

Phi 4 and Step 3.5 Flash are extremely close in overall performance (only 0.29999999999999716 points apart). Your best choice depends entirely on which specific strengths matter most for your use case.

Phi 4
Recommended

by Microsoft

  • Choose for Quality - Marginally better benchmark scores; both are excellent
  • Choose for Cost - 47% lower pricing; better value at scale
  • 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

by StepFun

Consider for specialized use cases.

Capability Comparison
CapabilityPhi 4Step 3.5 Flash
Vision (Image Input)
Function Callingdiffers
Streaming
JSON Modediffers
Reasoningdiffers
Web Search
Image Output
Monthly Cost Calculator
1,000tokens (600 in / 400 out)
100requests/day (3,000/month)

Phi 4

Microsoft

Best Value
$0.2940
estimated monthly cost

Step 3.5 Flash

StepFun

$0.5400
estimated monthly cost

Phi 4 saves you $0.2460/month

That's 46% cheaper than Step 3.5 Flash 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
ParameterPhi 4Step 3.5 Flash
Context Window16K262K
Max Output Tokens16,38465,536
Open SourceYesYes
CreatedJan 10, 2025Jan 29, 2026
Last updated: 36m ago

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Phi 4 vs Step 3.5 Flash (2026) | LM Market Cap