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o3 vs Step 5 Preview

Step 5 Preview leads o3 on the Artificial Analysis Intelligence Index, 43.7 to 20.2, and Step 5 Preview costs 3.0x less per output token ($2.70 vs $8.00 per million). Updated October 21, 2026; 33 benchmarks have a result for both.

o3OpenAI
Coding
No data
Overall
51.1
Output $/M
$8.00
2
Step 5 PreviewStepFun
Coding
61.1
Overall
60.5
Output $/M
$2.70
31
vs boards won of 33 shared

o3 or Step 5 Preview: which to pick

Only Step 5 Preview has a coding score, 61.1 on the Vibe Coding Index; o3 has none, so the two cannot be ranked on coding.

Pick o3 for work measured by LMArena Text: medicine and healthcare or LMArena Text: Japanese, where it leads.

Shared results
33
o3 only
69
Step 5 Preview only
28
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
o3 not benchmarked, Step 5 Preview 61.1 from 4 benchmarks.
Widest category
Intelligence, 23.5 points apart on average over 1 shared benchmark.
Widest single gap
Humanity's Last Exam (Artificial Analysis run): o3 20.1% against Step 5 Preview 46.5%, 26.4 points apart on a 0 to 100 scale.
Output price
o3 $8.00 against Step 5 Preview $2.70 per million output tokens, 3.0x apart.
Context window
o3 takes 200K 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
Categoryo3BarsStep 5 PreviewTies
Coding02
Intelligence01
Reasoning06
Math02
Knowledge13
General117
All shared boards231
CodingLike-for-likeSix of these boards feed the Vibe Coding Index02
Coding benchmarks for o3 and Step 5 Preview
Benchmarko3Step 5 PreviewLeader
Aider polyglot81.3%Not measuredOnly o3 measured
SWE-bench Verified58.4%Not measuredOnly o3 measured
SWE-bench Multimodal36.0%Not measuredOnly o3 measured
LiveBench codingNot measured85.6%Only Step 5 Preview measured
LMArena WebDevNot measured1567Only Step 5 Preview measured
LiveCodeBench (Vals AI)83.9%Not measuredOnly o3 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)80.8%Not measuredOnly o3 measured
SciCodeNot measured58.9%Only Step 5 Preview measured
Terminal-Bench Hard (Artificial Analysis run)37.1%Not measuredOnly o3 measured
GSO-Bench8.8%Not measuredOnly o3 measured
WeirdML52.4%Not measuredOnly o3 measured
ALE-Bench933.5Not measuredOnly o3 measured
LMArena Text: coding14071485Step 5 Preview
LMArena Text: software and IT14151473Step 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
SciCode9.2%Not measuredOnly o3 measured
Neither model has a result on the other 16 boards here
IntelligenceLike-for-likePublic boards, shown as published, kept out of the index01
Intelligence benchmarks for o3 and Step 5 Preview
Benchmarko3Step 5 PreviewLeader
AA Intelligence Index20.243.7Step 5 Preview
Epoch Capabilities Index146.7Not measuredOnly o3 measured
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index18 boards, none shared
Agentic work benchmarks for o3 and Step 5 Preview
Benchmarko3Step 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 Telecom80.7%Not measuredOnly o3 measured
METR time horizons65.4%Not measuredOnly o3 measured
GDPval30.8%Not measuredOnly o3 measured
DeepResearch Bench45.2%Not measuredOnly o3 measured
OSWorld23.0%Not measuredOnly o3 measured
Berkeley Function Calling Leaderboard (BFCL)63.0%Not measuredOnly o3 measured
BrowseComp-Plus65.9%Not measuredOnly o3 measured
Neither model has a result on the other 23 boards here
ReasoningLike-for-likePublic boards, shown as published, kept out of the index06
Reasoning benchmarks for o3 and Step 5 Preview
Benchmarko3Step 5 PreviewLeader
GPQA Diamond84.1%Not measuredOnly o3 measured
LiveBench reasoningNot measured83.8%Only Step 5 Preview measured
MysteryMechanism (Vals AI)Not measured18.5%Only Step 5 Preview measured
MMMU Pro (Vals AI)80.4%Not measuredOnly o3 measured
GPQA Diamond (Artificial Analysis run)82.7%Not measuredOnly o3 measured
Humanity's Last Exam (Artificial Analysis run)20.1%46.5%Step 5 Preview
GPQA Diamond (Epoch AI run)81.8%Not measuredOnly o3 measured
ARC-AGI60.8%Not measuredOnly o3 measured
ARC-AGI-26.5%Not measuredOnly o3 measured
SimpleBench53.1%Not measuredOnly o3 measured
Chess puzzles37.0%Not measuredOnly o3 measured
Mystery game puzzles29.0%Not measuredOnly o3 measured
VPCT52.0%Not measuredOnly o3 measured
LMArena Text: hard prompts14021461Step 5 Preview
LMArena Text: expert14021485Step 5 Preview
LMArena Text: hard prompts in English14111454Step 5 Preview
LMArena Vision: diagrams12201308Step 5 Preview
LMArena Vision: homework12341265Step 5 Preview
Kagi LLM Benchmark67.6%Not measuredOnly o3 measured
Neither model has a result on the other 3 boards here
MathLike-for-likePublic boards, shown as published, kept out of the index02
Math benchmarks for o3 and Step 5 Preview
Benchmarko3Step 5 PreviewLeader
AIME85.3%Not measuredOnly o3 measured
MATH 500 (Vals AI)94.6%Not measuredOnly o3 measured
MGSM (Vals AI)91.8%Not measuredOnly o3 measured
AA Math Index88.3Not measuredOnly o3 measured
AIME 2025 (Artificial Analysis run)88.3%Not measuredOnly o3 measured
OTIS Mock AIME84.4%Not measuredOnly o3 measured
FrontierMath, tiers 1 to 333.3%Not measuredOnly o3 measured
ProofBenchNot measured42.0%Only Step 5 Preview measured
MATH level 597.8%Not measuredOnly o3 measured
LMArena Text: math14261458Step 5 Preview
LMArena Text: mathematical work14231460Step 5 Preview
Neither model has a result on the other 2 boards here
KnowledgeLike-for-likePublic boards, shown as published, kept out of the index13
Knowledge benchmarks for o3 and Step 5 Preview
Benchmarko3Step 5 PreviewLeader
MMLU Pro85.6%Not measuredOnly o3 measured
LegalBench (Vals AI)83.8%Not measuredOnly o3 measured
CorpFin (Vals AI)59.7%Not measuredOnly o3 measured
TaxEval (Vals AI)74.6%Not measuredOnly o3 measured
MortgageTax (Vals AI)65.7%Not measuredOnly o3 measured
MedQA (Vals AI)96.1%Not measuredOnly o3 measured
MedCode (Vals AI)47.3%Not measuredOnly o3 measured
MMLU Pro (Artificial Analysis run)85.3%Not measuredOnly o3 measured
SimpleQA Verified49.4%Not measuredOnly o3 measured
GeoBench74.0%Not measuredOnly o3 measured
LMArena Text: science14291454Step 5 Preview
LMArena Text: medicine and healthcare14481439o3
LMArena Text: legal and government14281437Step 5 Preview
LMArena Text: business and finance13931435Step 5 Preview
FACTS Benchmark Suite44.4%Not measuredOnly o3 measured
Neither model has a result on the other 3 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index6 boards, none shared
Web design benchmarks for o3 and Step 5 Preview
Benchmarko3Step 5 PreviewLeader
Design Arena: websites1036Not measuredOnly o3 measured
Design Arena: UI components1017Not measuredOnly o3 measured
Design Arena: game dev1034Not measuredOnly o3 measured
Design Arena: data viz1200Not measuredOnly o3 measured
Design Arena: all code categories1020Not measuredOnly o3 measured
LiveBench designNot measured76.9%Only Step 5 Preview measured
Neither model has a result on the other 3 boards here
GeneralLike-for-likePublic boards, shown as published, kept out of the index117
General benchmarks for o3 and Step 5 Preview
Benchmarko3Step 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
SAGE (Vals AI)41.8%Not measuredOnly o3 measured
MedScribe (Vals AI)76.7%Not measuredOnly o3 measured
IFBench71.4%Not measuredOnly o3 measured
Long context reasoning (AA-LCR)74.7%88.3%Step 5 Preview
DTBench84.8%Not measuredOnly o3 measured
LMCA39.7%Not measuredOnly o3 measured
Fiction.LiveBench88.9%Not measuredOnly o3 measured
Creative writing (Lech Mazur)83.9%Not measuredOnly o3 measured
CL-bench17.8%Not measuredOnly o3 measured
LMArena Text14101440Step 5 Preview
LMArena Text: instruction following13681438Step 5 Preview
LMArena Text: creative writing13591409Step 5 Preview
LMArena Vision12141265Step 5 Preview
LMArena Text: English14171447Step 5 Preview
LMArena Text: non-English14011428Step 5 Preview
LMArena Text: Chinese14371500Step 5 Preview
LMArena Text: German1420Not measuredOnly o3 measured
LMArena Text: Japanese14031383o3
LMArena Text: Korean1370Not measuredOnly o3 measured
LMArena Text: French14301438Step 5 Preview
LMArena Text: Spanish13951441Step 5 Preview
LMArena Text: Russian14061433Step 5 Preview
LMArena Text: Polish1438Not measuredOnly o3 measured
LMArena Text: multi-turn14051437Step 5 Preview
LMArena Text: longer queries13721449Step 5 Preview
LMArena Text: writing and language13721425Step 5 Preview
LMArena Text: entertainment and media13731412Step 5 Preview
LMArena Vision: English12211290Step 5 Preview
LMArena Vision: Chinese1237Not measuredOnly o3 measured
LMArena Vision: reading text12181282Step 5 Preview
LMArena Vision: humor1222Not measuredOnly o3 measured
LMArena Vision: captioning1210Not measuredOnly o3 measured
LMArena Vision: recognizing things1234Not measuredOnly o3 measured
LMArena Vision: creative writing1201Not measuredOnly o3 measured
Neither model has a result on the other 10 boards here
Image generationNot comparablePublic boards, shown as published, kept out of the index0 boards, none shared
Image generation benchmarks for o3 and Step 5 Preview
Benchmarko3Step 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

o3$0.0060Fits in one request
Step 5 Preview$0.0024Fits in one request

Step 5 Preview costs less

Repository review

50K input + 3K output tokens

o3$0.124Fits in one request
Step 5 Preview$0.058Fits in one request

Step 5 Preview costs less

Agent loop

200K input + 10K output tokens

o3$0.480Exceeds the context window
Step 5 Preview$0.227Fits in one request

Step 5 Preview 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 o3 and Step 5 Preview
SpecificationOpenAI o3StepFun Step 5 Preview
MakerOpenAIStepFun
WeightsNo public weights listedOpen weights
ReleasedApril 16, 2025October 8, 2026
Context window200K1.05M
Input $/Mtok$2.00$1.00
Output $/Mtok$8.00$2.70
Coding indexNot benchmarked61.1
Independent measurements behind it04
Cost per solved task$0.571Not computable
SourceOpenRouter listingOpenRouter listing

Questions

Is o3 better than Step 5 Preview for coding?

Only Step 5 Preview has a coding score, 61.1 on the Vibe Coding Index; o3 has none, so the two cannot be ranked on coding. Pick o3 for work measured by LMArena Text: medicine and healthcare or LMArena Text: Japanese, where it leads.

Which is cheaper, o3 or Step 5 Preview?

o3 costs $2.00 per million input tokens and $8.00 per million output tokens; Step 5 Preview costs $1.00 and $2.70. Cost per solved task is known for o3 only.

Which has the bigger context window, o3 or Step 5 Preview?

Step 5 Preview, with 1.05M tokens against 200K.

How many benchmarks is the o3 vs Step 5 Preview comparison based on?

33 benchmarks have a result for both models as of October 21, 2026. o3'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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