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GLM 4.5 vs Step 5 Preview

Step 5 Preview leads GLM 4.5 on the Artificial Analysis Intelligence Index, 43.7 to 12.8, and GLM 4.5 costs 1.2x less per output token ($2.20 vs $2.70 per million). Updated October 22, 2026; 28 benchmarks have a result for both.

GLM 4.5Z.ai
Coding
No data
Overall
No data
Output $/M
$2.20
4
Step 5 PreviewStepFun
Coding
61.1
Overall
60.5
Output $/M
$2.70
24
vs boards won of 28 shared

GLM 4.5 or Step 5 Preview: which to pick

Only Step 5 Preview has a coding score, 61.1 on the Vibe Coding Index; GLM 4.5 has none, so the two cannot be ranked on coding.

Pick GLM 4.5 for output tokens 1.2x cheaper ($2.20 vs $2.70 per million) and work measured by LMArena Text: medicine and healthcare or LMArena Text: legal and government, where it leads.

Shared results
28
GLM 4.5 only
33
Step 5 Preview only
33
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
GLM 4.5 not benchmarked, Step 5 Preview 61.1 from 4 benchmarks.
Widest category
Intelligence, 30.9 points apart on average over 1 shared benchmark.
Widest single gap
Long context reasoning (AA-LCR): GLM 4.5 52.7% against Step 5 Preview 88.3%, 35.7 points apart on a 0 to 100 scale.
Output price
GLM 4.5 $2.20 against Step 5 Preview $2.70 per million output tokens, 1.2x apart.
Context window
GLM 4.5 takes 131K tokens, Step 5 Preview 1.05M.

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
CategoryGLM 4.5BarsStep 5 PreviewTies
Coding02
Intelligence01
Reasoning04
Math02
Knowledge22
General213
All shared boards424
CodingLike-for-likeSix of these boards feed the Vibe Coding Index02
Coding benchmarks for GLM 4.5 and Step 5 Preview
BenchmarkGLM 4.5Step 5 PreviewLeader
SWE-bench Verified64.2%Not measuredOnly GLM 4.5 measured
LiveBench codingNot measured85.6%Only Step 5 Preview measured
LMArena WebDevNot measured1567Only Step 5 Preview measured
LiveCodeBench (Vals AI)67.5%Not measuredOnly GLM 4.5 measured
Terminal-Bench 4 (Vals AI)Not measured31.8%Only Step 5 Preview measured
Vibe Code Bench (Vals AI)Not measured70.4%Only Step 5 Preview measured
Code migration (Vals AI)Not measured39.0%Only Step 5 Preview measured
IOI (Vals AI)Not measured38.1%Only Step 5 Preview measured
SWE-bench Multimodal (Vals AI)Not measured40.8%Only Step 5 Preview measured
LiveCodeBench (Artificial Analysis run)73.8%Not measuredOnly GLM 4.5 measured
SciCodeNot measured58.9%Only Step 5 Preview measured
Terminal-Bench Hard (Artificial Analysis run)22.0%Not measuredOnly GLM 4.5 measured
WeirdML40.6%Not measuredOnly GLM 4.5 measured
ALE-Bench344.8Not measuredOnly GLM 4.5 measured
LMArena Text: coding14341485Step 5 Preview
LMArena Text: software and IT14401473Step 5 Preview
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 20 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for GLM 4.5 and Step 5 Preview
BenchmarkGLM 4.5Step 5 PreviewLeader
AA Intelligence Index12.843.7Step 5 Preview
Neither model has a result on the other 1 board here
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index12 boards, none shared
Agentic work benchmarks for GLM 4.5 and Step 5 Preview
BenchmarkGLM 4.5Step 5 PreviewLeader
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)Not measured50.7%Only Step 5 Preview measured
Tax Agent Bench (Vals AI)Not measured27.3%Only Step 5 Preview measured
Legal Research Bench (Vals AI)Not measured40.4%Only Step 5 Preview measured
Excel Modeling Benchmark (Vals AI)Not measured57.1%Only Step 5 Preview measured
BioMysteryBench (Vals AI)Not measured67.4%Only Step 5 Preview measured
Terminal-Bench-Science (Vals AI)Not measured2.9%Only Step 5 Preview measured
Vals Science IndexNot measured29.6%Only Step 5 Preview measured
τ²-Bench Telecom43.0%Not measuredOnly GLM 4.5 measured
Neither model has a result on the other 29 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index04
Reasoning benchmarks for GLM 4.5 and Step 5 Preview
BenchmarkGLM 4.5Step 5 PreviewLeader
GPQA Diamond72.2%Not measuredOnly GLM 4.5 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)78.2%Not measuredOnly GLM 4.5 measured
Humanity's Last Exam (Artificial Analysis run)13.0%46.5%Step 5 Preview
LMArena Text: hard prompts14291461Step 5 Preview
LMArena Text: expert14331485Step 5 Preview
LMArena Text: hard prompts in English14291454Step 5 Preview
LMArena Vision: diagramsNot measured1308Only Step 5 Preview measured
LMArena Vision: homeworkNot measured1265Only Step 5 Preview measured
Kagi LLM Benchmark57.9%Not measuredOnly GLM 4.5 measured
Neither model has a result on the other 11 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index02
Math benchmarks for GLM 4.5 and Step 5 Preview
BenchmarkGLM 4.5Step 5 PreviewLeader
AIME86.7%Not measuredOnly GLM 4.5 measured
MATH 500 (Vals AI)94.0%Not measuredOnly GLM 4.5 measured
MGSM (Vals AI)90.8%Not measuredOnly GLM 4.5 measured
AA Math Index73.7Not measuredOnly GLM 4.5 measured
AIME 2025 (Artificial Analysis run)73.7%Not measuredOnly GLM 4.5 measured
ProofBenchNot measured42.0%Only Step 5 Preview measured
LMArena Text: math14271458Step 5 Preview
LMArena Text: mathematical work14301460Step 5 Preview
Neither model has a result on the other 5 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index22
Knowledge benchmarks for GLM 4.5 and Step 5 Preview
BenchmarkGLM 4.5Step 5 PreviewLeader
MMLU Pro81.2%Not measuredOnly GLM 4.5 measured
LegalBench (Vals AI)75.6%Not measuredOnly GLM 4.5 measured
CorpFin (Vals AI)61.0%Not measuredOnly GLM 4.5 measured
TaxEval (Vals AI)72.4%Not measuredOnly GLM 4.5 measured
MedQA (Vals AI)90.0%Not measuredOnly GLM 4.5 measured
MMLU Pro (Artificial Analysis run)83.5%Not measuredOnly GLM 4.5 measured
LMArena Text: science14441454Step 5 Preview
LMArena Text: medicine and healthcare14551439GLM 4.5
LMArena Text: legal and government14381437GLM 4.5
LMArena Text: business and finance14201435Step 5 Preview
Neither model has a result on the other 8 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index8 boards, none shared
Web design benchmarks for GLM 4.5 and Step 5 Preview
BenchmarkGLM 4.5Step 5 PreviewLeader
Design Arena: websites1169Not measuredOnly GLM 4.5 measured
Design Arena: UI components1141Not measuredOnly GLM 4.5 measured
Design Arena: game dev1144Not measuredOnly GLM 4.5 measured
Design Arena: data viz1159Not measuredOnly GLM 4.5 measured
Design Arena: 3D1170Not measuredOnly GLM 4.5 measured
Design Arena: all code categories1165Not measuredOnly GLM 4.5 measured
Design Arena: SVG1096Not measuredOnly GLM 4.5 measured
LiveBench designNot measured76.9%Only Step 5 Preview measured
Neither model has a result on the other 1 board here
GeneralLike-for-likePublic boards, shown as published, kept out of the index213
General benchmarks for GLM 4.5 and Step 5 Preview
BenchmarkGLM 4.5Step 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
IFBench44.1%Not measuredOnly GLM 4.5 measured
Long context reasoning (AA-LCR)52.7%88.3%Step 5 Preview
Creative writing (Lech Mazur)73.4%Not measuredOnly GLM 4.5 measured
LMArena Text14301440Step 5 Preview
LMArena Text: instruction following14041438Step 5 Preview
LMArena Text: creative writing13951409Step 5 Preview
LMArena VisionNot measured1265Only Step 5 Preview measured
LMArena Text: English14371447Step 5 Preview
LMArena Text: non-English14171428Step 5 Preview
LMArena Text: Chinese14651500Step 5 Preview
LMArena Text: German1407Not measuredOnly GLM 4.5 measured
LMArena Text: Japanese14151383GLM 4.5
LMArena Text: Korean1380Not measuredOnly GLM 4.5 measured
LMArena Text: French14181438Step 5 Preview
LMArena Text: Spanish14541441GLM 4.5
LMArena Text: Russian14131433Step 5 Preview
LMArena Text: Polish1422Not measuredOnly GLM 4.5 measured
LMArena Text: multi-turn14151437Step 5 Preview
LMArena Text: longer queries14121449Step 5 Preview
LMArena Text: writing and language14031425Step 5 Preview
LMArena Text: entertainment and media14041412Step 5 Preview
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 21 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for GLM 4.5 and Step 5 Preview
BenchmarkGLM 4.5Step 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

GLM 4.5$0.0017Fits in one request
Step 5 Preview$0.0024Fits in one request

GLM 4.5 costs less

Repository review

50K input + 3K output tokens

GLM 4.5$0.037Fits in one request
Step 5 Preview$0.058Fits in one request

GLM 4.5 costs less

Agent loop

200K input + 10K output tokens

GLM 4.5$0.142Exceeds the context window
Step 5 Preview$0.227Fits in one request

GLM 4.5 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 GLM 4.5 and Step 5 Preview
SpecificationZ.ai GLM 4.5StepFun Step 5 Preview
MakerZ.aiStepFun
WeightsOpen weightsOpen weights
ReleasedJuly 25, 2025October 8, 2026
Context window131K1.05M
Input $/Mtok$0.60$1.00
Output $/Mtok$2.20$2.70
Coding indexNot benchmarked61.1
Independent measurements behind it04
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is GLM 4.5 better than Step 5 Preview for coding?

Only Step 5 Preview has a coding score, 61.1 on the Vibe Coding Index; GLM 4.5 has none, so the two cannot be ranked on coding. Pick GLM 4.5 for output tokens 1.2x cheaper ($2.20 vs $2.70 per million) and work measured by LMArena Text: medicine and healthcare or LMArena Text: legal and government, where it leads.

Which is cheaper, GLM 4.5 or Step 5 Preview?

GLM 4.5 costs $0.60 per million input tokens and $2.20 per million output tokens; Step 5 Preview costs $1.00 and $2.70. Cost per solved task is known for neither of them.

Which has the bigger context window, GLM 4.5 or Step 5 Preview?

Step 5 Preview, with 1.05M tokens against 131K.

How many benchmarks is the GLM 4.5 vs Step 5 Preview comparison based on?

28 benchmarks have a result for both models as of October 22, 2026. GLM 4.5's coding index rests on 0 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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