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DeepSeek V4 Flash 0731 vs Step 5 Preview

Step 5 Preview leads DeepSeek V4 Flash 0731 on coding, 61.1 to 51.8 on the Vibe Coding Index, and DeepSeek V4 Flash 0731 costs 9.6x less per output token ($0.28 vs $2.70 per million). Updated October 21, 2026; 15 benchmarks have a result for both.

DeepSeek V4 Flash 0731DeepSeek
Coding
51.8
Overall
34.3
Output $/M
$0.28
4
Step 5 PreviewStepFun
Coding
61.1
Overall
43.7
Output $/M
$2.70
11
vs boards won of 15 shared

DeepSeek V4 Flash 0731 or Step 5 Preview: which to pick

Pick Step 5 Preview for coding: it scores 61.1 on the Vibe Coding Index against 51.8 for DeepSeek V4 Flash 0731.

Pick DeepSeek V4 Flash 0731 for output tokens 9.6x cheaper ($0.28 vs $2.70 per million) and work measured by Vibe Code Bench (Vals AI) or Tax Agent Bench (Vals AI), where it leads.

Shared results
15
DeepSeek V4 Flash 0731 only
40
Step 5 Preview only
46
Like-for-like categories
6 of 9

Only benchmarks that tested both models count toward a pick; a result only one model has is shown but not compared.

Which one for your work

Each card is decided by one number both models carry. Where only one has it, the card says so and makes no call.

At a glance

Coding index
DeepSeek V4 Flash 0731 51.8 from 4 benchmarks, Step 5 Preview 61.1 from 4 benchmarks.
Widest category
Math, 14.0 points apart on average over 1 shared benchmark.
Widest single gap
Terminal-Bench 4 (Vals AI): DeepSeek V4 Flash 0731 18.7% against Step 5 Preview 31.8%, 17.5 points apart on a 0 to 100 scale.
Output price
DeepSeek V4 Flash 0731 $0.28 against Step 5 Preview $2.70 per million output tokens, 9.6x apart.
Context window
Both take 1.05M tokens.

Benchmark by benchmark

First the score: boards each model leads, per category, where both have a result. Then every board, a category to a fold; bars are each result on a 0 to 100 scale, so compare the two in a row, not one row with another.

Boards won, where both have a result
CategoryDeepSeek V4 Flash 0731BarsStep 5 PreviewTies
Coding14
Intelligence01
Agentic work24
Reasoning01
Math10
General01
All shared boards411
CodingLike-for-likeSix of these boards feed the Vibe Coding Index14
Coding benchmarks for DeepSeek V4 Flash 0731 and Step 5 Preview
BenchmarkDeepSeek V4 Flash 0731Step 5 PreviewLeader
LiveBench codingNot measured85.6%Only Step 5 Preview measured
LMArena WebDevNot measured1567Only Step 5 Preview measured
AA Coding Index69.1Not measuredOnly DeepSeek V4 Flash 0731 measured
LiveCodeBench (Vals AI)87.3%Not measuredOnly DeepSeek V4 Flash 0731 measured
SWE-bench Verified (Vals AI)88.8%Not measuredOnly DeepSeek V4 Flash 0731 measured
Terminal-Bench 4 (Vals AI)18.7%31.8%Step 5 Preview
Vibe Code Bench (Vals AI)74.7%70.4%DeepSeek V4 Flash 0731
Code migration (Vals AI)38.6%39.0%Step 5 Preview
ProgramBench (Vals AI)0.0%Not measuredOnly DeepSeek V4 Flash 0731 measured
IOI (Vals AI)32.7%38.1%Step 5 Preview
Terminal-Bench 2.1 (Vals AI)67.0%Not measuredOnly DeepSeek V4 Flash 0731 measured
SWE-bench Multimodal (Vals AI)Not measured40.8%Only Step 5 Preview measured
SkillsBench (Vals AI)50.7%Not measuredOnly DeepSeek V4 Flash 0731 measured
CyberBench (Vals AI)72.1%Not measuredOnly DeepSeek V4 Flash 0731 measured
SciCode50.3%58.9%Step 5 Preview
FrontierCode18.8%Not measuredOnly DeepSeek V4 Flash 0731 measured
WeirdML63.0%Not measuredOnly DeepSeek V4 Flash 0731 measured
ALE-Bench1306.1Not measuredOnly DeepSeek V4 Flash 0731 measured
LMArena Text: codingNot measured1485Only Step 5 Preview measured
LMArena Text: software and ITNot measured1473Only Step 5 Preview measured
LMArena WebDev: ReactNot measured1583Only Step 5 Preview measured
LMArena WebDev: HTMLNot measured1556Only Step 5 Preview measured
LMArena WebDev: from an imageNot measured1550Only Step 5 Preview measured
Neither model has a result on the other 15 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for DeepSeek V4 Flash 0731 and Step 5 Preview
BenchmarkDeepSeek V4 Flash 0731Step 5 PreviewLeader
AA Intelligence Index34.343.7Step 5 Preview
Epoch Capabilities Index154.8Not measuredOnly DeepSeek V4 Flash 0731 measured
Agentic workLike-for-likePublic boards, shown as published, kept out of the index24
Agentic work benchmarks for DeepSeek V4 Flash 0731 and Step 5 Preview
BenchmarkDeepSeek V4 Flash 0731Step 5 PreviewLeader
AA Agentic Index41.0Not measuredOnly DeepSeek V4 Flash 0731 measured
LiveBench researchNot measured72.8%Only Step 5 Preview measured
LiveBench browserNot measured24.0%Only Step 5 Preview measured
LiveBench long agenticNot measured27.5%Only Step 5 Preview measured
SREBench (Vals AI)Not measured0.4%Only Step 5 Preview measured
Finance Agent (Vals AI)49.5%50.7%Step 5 Preview
Tax Agent Bench (Vals AI)28.1%27.3%DeepSeek V4 Flash 0731
Legal Research Bench (Vals AI)30.3%40.4%Step 5 Preview
Excel Modeling Benchmark (Vals AI)57.0%57.1%Step 5 Preview
BioMysteryBench (Vals AI)64.4%67.4%Step 5 Preview
Terminal-Bench-Science (Vals AI)4.3%2.9%DeepSeek V4 Flash 0731
Vals Science IndexNot measured29.6%Only Step 5 Preview measured
Neither model has a result on the other 27 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index01
Reasoning benchmarks for DeepSeek V4 Flash 0731 and Step 5 Preview
BenchmarkDeepSeek V4 Flash 0731Step 5 PreviewLeader
GPQA Diamond89.9%Not measuredOnly DeepSeek V4 Flash 0731 measured
LiveBench reasoningNot measured83.8%Only Step 5 Preview measured
MysteryMechanism (Vals AI)Not measured18.5%Only Step 5 Preview measured
GPQA Diamond (Artificial Analysis run)90.8%Not measuredOnly DeepSeek V4 Flash 0731 measured
Humanity's Last Exam (Artificial Analysis run)38.6%46.5%Step 5 Preview
GPQA Diamond (Epoch AI run)91.0%Not measuredOnly DeepSeek V4 Flash 0731 measured
ARC-AGI89.0%Not measuredOnly DeepSeek V4 Flash 0731 measured
ARC-AGI-261.4%Not measuredOnly DeepSeek V4 Flash 0731 measured
SimpleBench61.1%Not measuredOnly DeepSeek V4 Flash 0731 measured
Chess puzzles32.0%Not measuredOnly DeepSeek V4 Flash 0731 measured
Mystery game puzzles34.0%Not measuredOnly DeepSeek V4 Flash 0731 measured
LMArena Text: hard promptsNot measured1461Only Step 5 Preview measured
LMArena Text: expertNot measured1485Only Step 5 Preview measured
LMArena Text: hard prompts in EnglishNot measured1454Only Step 5 Preview measured
LMArena Vision: diagramsNot measured1308Only Step 5 Preview measured
LMArena Vision: homeworkNot measured1265Only Step 5 Preview measured
Neither model has a result on the other 5 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index10
Math benchmarks for DeepSeek V4 Flash 0731 and Step 5 Preview
BenchmarkDeepSeek V4 Flash 0731Step 5 PreviewLeader
OTIS Mock AIME94.4%Not measuredOnly DeepSeek V4 Flash 0731 measured
FrontierMath, tiers 1 to 357.5%Not measuredOnly DeepSeek V4 Flash 0731 measured
FrontierMath, tier 424.4%Not measuredOnly DeepSeek V4 Flash 0731 measured
ProofBench56.0%42.0%DeepSeek V4 Flash 0731
LMArena Text: mathNot measured1458Only Step 5 Preview measured
LMArena Text: mathematical workNot measured1460Only Step 5 Preview measured
Neither model has a result on the other 7 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index10 boards, none shared
Knowledge benchmarks for DeepSeek V4 Flash 0731 and Step 5 Preview
BenchmarkDeepSeek V4 Flash 0731Step 5 PreviewLeader
MMLU Pro86.2%Not measuredOnly DeepSeek V4 Flash 0731 measured
LegalBench (Vals AI)77.7%Not measuredOnly DeepSeek V4 Flash 0731 measured
CorpFin (Vals AI)61.9%Not measuredOnly DeepSeek V4 Flash 0731 measured
TaxEval (Vals AI)70.7%Not measuredOnly DeepSeek V4 Flash 0731 measured
MedCode (Vals AI)41.4%Not measuredOnly DeepSeek V4 Flash 0731 measured
SimpleQA Verified33.6%Not measuredOnly DeepSeek V4 Flash 0731 measured
LMArena Text: scienceNot measured1454Only Step 5 Preview measured
LMArena Text: medicine and healthcareNot measured1439Only Step 5 Preview measured
LMArena Text: legal and governmentNot measured1437Only Step 5 Preview measured
LMArena Text: business and financeNot measured1435Only Step 5 Preview measured
Neither model has a result on the other 7 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index9 boards, none shared
Web design benchmarks for DeepSeek V4 Flash 0731 and Step 5 Preview
BenchmarkDeepSeek V4 Flash 0731Step 5 PreviewLeader
Design Arena: websites1238Not measuredOnly DeepSeek V4 Flash 0731 measured
Design Arena: UI components1235Not measuredOnly DeepSeek V4 Flash 0731 measured
Design Arena: game dev1208Not measuredOnly DeepSeek V4 Flash 0731 measured
Design Arena: data viz1180Not measuredOnly DeepSeek V4 Flash 0731 measured
Design Arena: 3D1209Not measuredOnly DeepSeek V4 Flash 0731 measured
Design Arena: all code categories1230Not measuredOnly DeepSeek V4 Flash 0731 measured
Design Arena: SVG1185Not measuredOnly DeepSeek V4 Flash 0731 measured
Design Arena: ASCII art1090Not measuredOnly DeepSeek V4 Flash 0731 measured
LiveBench designNot measured76.9%Only Step 5 Preview measured
GeneralLike-for-likePublic boards, shown as published, kept out of the index01
General benchmarks for DeepSeek V4 Flash 0731 and Step 5 Preview
BenchmarkDeepSeek V4 Flash 0731Step 5 PreviewLeader
LiveBench data analysisNot measured63.5%Only Step 5 Preview measured
Public Benefits Bench (Vals AI)Not measured58.1%Only Step 5 Preview measured
MedScribe (Vals AI)80.4%Not measuredOnly DeepSeek V4 Flash 0731 measured
Long context reasoning (AA-LCR)79.7%88.3%Step 5 Preview
DTBench90.9%Not measuredOnly DeepSeek V4 Flash 0731 measured
LMCA41.7%Not measuredOnly DeepSeek V4 Flash 0731 measured
LMArena TextNot measured1440Only Step 5 Preview measured
LMArena Text: instruction followingNot measured1438Only Step 5 Preview measured
LMArena Text: creative writingNot measured1409Only Step 5 Preview measured
LMArena VisionNot measured1265Only Step 5 Preview measured
LMArena Text: EnglishNot measured1447Only Step 5 Preview measured
LMArena Text: non-EnglishNot measured1428Only Step 5 Preview measured
LMArena Text: ChineseNot measured1500Only Step 5 Preview measured
LMArena Text: JapaneseNot measured1383Only Step 5 Preview measured
LMArena Text: FrenchNot measured1438Only Step 5 Preview measured
LMArena Text: SpanishNot measured1441Only Step 5 Preview measured
LMArena Text: RussianNot measured1433Only Step 5 Preview measured
LMArena Text: multi-turnNot measured1437Only Step 5 Preview measured
LMArena Text: longer queriesNot measured1449Only Step 5 Preview measured
LMArena Text: writing and languageNot measured1425Only Step 5 Preview measured
LMArena Text: entertainment and mediaNot measured1412Only Step 5 Preview measured
LMArena Vision: EnglishNot measured1290Only Step 5 Preview measured
LMArena Vision: reading textNot measured1282Only Step 5 Preview measured
Neither model has a result on the other 23 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for DeepSeek V4 Flash 0731 and Step 5 Preview
BenchmarkDeepSeek V4 Flash 0731Step 5 PreviewLeader
Neither model has a result on 5 boards here

What each workload costs

Three fixed token mixes at each model's listed price, so per-token rates become a bill.

Chat turn

1K input + 500 output tokens

DeepSeek V4 Flash 0731$0.0003Fits in one request
Step 5 Preview$0.0024Fits in one request

DeepSeek V4 Flash 0731 costs less

Repository review

50K input + 3K output tokens

DeepSeek V4 Flash 0731$0.0078Fits in one request
Step 5 Preview$0.058Fits in one request

DeepSeek V4 Flash 0731 costs less

Agent loop

200K input + 10K output tokens

DeepSeek V4 Flash 0731$0.031Fits in one request
Step 5 Preview$0.227Fits in one request

DeepSeek V4 Flash 0731 costs less

Listed OpenRouter rates, without cache or batch discounts. A workload that does not fit a model's context window would need splitting.

Specification differences

The leading value in a row is marked; a row with a missing value names no leader. Our two rows are marked in red.

Specifications of DeepSeek V4 Flash 0731 and Step 5 Preview
SpecificationDeepSeek V4 Flash 0731StepFun Step 5 Preview
MakerDeepSeekStepFun
WeightsOpen weightsOpen weights
ReleasedJuly 31, 2026October 8, 2026
Context window1.05M1.05M
Input $/Mtok$0.14$1.00
Output $/Mtok$0.28$2.70
Coding index51.861.1
Independent measurements behind it44
Cost per solved task$0.01Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is DeepSeek V4 Flash 0731 better than Step 5 Preview for coding?

Pick Step 5 Preview for coding: it scores 61.1 on the Vibe Coding Index against 51.8 for DeepSeek V4 Flash 0731. Pick DeepSeek V4 Flash 0731 for output tokens 9.6x cheaper ($0.28 vs $2.70 per million) and work measured by Vibe Code Bench (Vals AI) or Tax Agent Bench (Vals AI), where it leads.

Which is cheaper, DeepSeek V4 Flash 0731 or Step 5 Preview?

DeepSeek V4 Flash 0731 costs $0.14 per million input tokens and $0.28 per million output tokens; Step 5 Preview costs $1.00 and $2.70. Cost per solved task is known for DeepSeek V4 Flash 0731 only.

Which has the bigger context window, DeepSeek V4 Flash 0731 or Step 5 Preview?

Neither: both take 1.05M tokens.

How many benchmarks is the DeepSeek V4 Flash 0731 vs Step 5 Preview comparison based on?

15 benchmarks have a result for both models as of October 21, 2026. DeepSeek V4 Flash 0731's coding index rests on 4 independent benchmarks and Step 5 Preview's on 4. Where only one model has a result, the page says so instead of naming a winner.

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<iframe src="https://llmbenchmark.ai/embed/compare/deepseek-v4-flash-0731-vs-stepfun-step-5-preview" title="DeepSeek V4 Flash 0731 vs Step 5 Preview, LLMBenchmark.ai" width="100%" height="360" style="border:0;max-width:100%" loading="lazy"></iframe>
<p style="font:13px/1.4 sans-serif;margin:6px 0 0">Source: <a href="https://llmbenchmark.ai/compare/deepseek-v4-flash-0731-vs-stepfun-step-5-preview">LLMBenchmark.ai, DeepSeek V4 Flash 0731 vs Step 5 Preview</a></p>