GPT-4.1 Mini vs Step 5 Preview
OpenAI · US | StepFun · China · Updated June 2026
Quick verdict
Pick GPT-4.1 Mini for very cheap high-volume text work at $0.40 in / $1.60 out per million tokens or instruction following above its weight class — 84.1% on ifeval, beating gpt-4o. Pick Step 5 Preview for sparse moe architecture — 600b total parameters, only 27b active per token — built for long-horizon agentic work across large codebases and documents or 1m-token context window (64k max output) at $1/$2.70 per million tokens, among the cheapest frontier-scale context windows available. On a tight budget at scale, GPT-4.1 Mini is the value pick.
GPT-4.1 Mini (OpenAI, US) and Step 5 Preview (StepFun, China) line up two different AI ecosystems against each other — a comparison that is as much about cost philosophy and openness as raw capability. GPT-4.1 Mini is a cheap, fast 1M-context workhorse with strong instruction following but weak coding — already retired from ChatGPT. Step 5 Preview is stepFun's September 20, 2026 flagship preview — a 600B-parameter sparse MoE model (27B active) with a 1M-token context window at $1/$2.70 per million tokens, open weights promised for mid-October. They diverge most on price and context window — each quantified below from the models' real specs.
Key differences at a glance
- ▸Price: GPT-4.1 Mini is about 2.5× cheaper on input ($0.4/$1.6 per 1M tokens vs $1/$2.7 per 1M tokens) — meaningful once you are processing millions of tokens a month.
- ▸Context window: 1M vs 1M tokens — within a few percent of each other, so treat this as a tie and test on your own long inputs, since usable recall varies by model.
- ▸Recency: Step 5 Preview is the newer model by about 17 months (released September 20, 2026), usually meaning fresher training data and capabilities.
- ▸Ecosystem: this is a US-vs-China matchup — they differ in pricing philosophy, data-residency options, and tooling ecosystems, not only benchmarks.
Side-by-side specs
| Spec | GPT-4.1 Mini | Step 5 Preview |
|---|---|---|
| Provider | OpenAI (US) | StepFun (China) |
| Released | April 14, 2025 | September 20, 2026 |
| Context window | 1M (~1,571 pages) | 1M tokens (~1,500 pages) |
| Price (in/out) | $0.4/$1.6 per 1M tokens | $1/$2.7 per 1M tokens |
| Open weight? | No — API only | No — API only |
| Modalities | text, image, code | text, image, code |
| SWE-Bench Verified | 23.6% | Not published |
| MRCR v2 @ 1M | Not published | Not published |
Who wins what
Very cheap high-volume text work at $0.40 in / $1.60 out per million tokens
GPT-4.1 Mini
At $0.4/$1.6 per 1M tokens it undercuts Step 5 Preview ($1/$2.7 per 1M tokens), and that gap compounds at volume.
Instruction following above its weight class — 84.1% on IFEval, beating GPT-4o
GPT-4.1 Mini
Step 5 Preview is comparatively weak here — open weights were promised for October 15, 2026 but hadn't shipped as of this writing — API-only for now despite the open-weight roadmap
Multi-turn coherence for its tier — 35.8% on MultiChallenge, roughly 1.8x GPT-4o mini
GPT-4.1 Mini
A cheap, fast 1M-context workhorse with strong instruction following but weak coding — already retired from ChatGPT — and it runs cheaper at $0.4/$1.6 per 1M tokens.
Sparse MoE architecture — 600B total parameters, only 27B active per token — built for long-horizon agentic work across large codebases and documents
Step 5 Preview
GPT-4.1 Mini is comparatively weak here — weak at agentic coding — its 23.6% on SWE-Bench Verified sits below GPT-4o's 33.2%
1M-token context window (64K max output) at $1/$2.70 per million tokens, among the cheapest frontier-scale context windows available
Step 5 Preview
StepFun's September 20, 2026 flagship preview — a 600B-parameter sparse MoE model (27B active) with a 1M-token context window at $1/$2.70 per million tokens, open weights promised for mid-October — and it is the newer of the two.
67.7% on DeepSWE v1.1, ahead of open-weight rivals Kimi K3 (67.5%) and GLM-5.3 (66.9%)
Step 5 Preview
Step 5 Preview lists 67.7% on DeepSWE v1.1, ahead of open-weight rivals Kimi K3 (67.5%) and GLM-5.3 (66.9%) among its strengths; GPT-4.1 Mini does not.
Lowest cost at scale
GPT-4.1 Mini
At $0.4/$1.6 per 1M tokens, it is the cheaper of the two — the gap dominates the bill on high-volume workloads.
Which should you pick?
A cost-sensitive startup shipping high volume
→ GPT-4.1 Mini
At $0.4/$1.6 per 1M tokens it undercuts Step 5 Preview, and on millions of tokens that margin decides the monthly bill.
Someone analysing very long documents or codebases
→ GPT-4.1 Mini
Larger 1M window fits more in one prompt.
Anyone whose priority is very cheap high-volume text work at $0.40 in / $1.60 out per million tokens
→ GPT-4.1 Mini
It is specifically built for that.
Anyone whose priority is sparse moe architecture — 600b total parameters, only 27b active per token — built for long-horizon agentic work across large codebases and documents
→ Step 5 Preview
That is its strongest area.
An enterprise with regional data-residency rules
→ GPT-4.1 Mini or Step 5 Preview
Origin (US vs China) affects where data is processed and which compliance regime applies — check the provider's terms for your region.
GPT-4.1 Mini: where it fits
A cheap, fast 1M-context workhorse with strong instruction following but weak coding — already retired from ChatGPT. Released April 14, 2025 by OpenAI, it is built for very cheap high-volume text work at $0.40 in / $1.60 out per million tokens, instruction following above its weight class — 84.1% on IFEval, beating GPT-4o, multi-turn coherence for its tier — 35.8% on MultiChallenge, roughly 1.8x GPT-4o mini, and a full 1M context at flat pricing, with no long-context premium.
Its trade-offs are real: weak at agentic coding — its 23.6% on SWE-Bench Verified sits below GPT-4o's 33.2%, retired from ChatGPT in February 2026, and OpenAI's own docs now point users to GPT-5 mini instead, and a June 2024 knowledge cutoff, now roughly two years stale, and no reasoning mode. At $0.4 in / $1.6 out per million tokens, it sits in the budget price band.
Step 5 Preview: where it fits
StepFun's September 20, 2026 flagship preview — a 600B-parameter sparse MoE model (27B active) with a 1M-token context window at $1/$2.70 per million tokens, open weights promised for mid-October. Released September 20, 2026 by StepFun, it is built for sparse MoE architecture — 600B total parameters, only 27B active per token — built for long-horizon agentic work across large codebases and documents, 1M-token context window (64K max output) at $1/$2.70 per million tokens, among the cheapest frontier-scale context windows available, 67.7% on DeepSWE v1.1, ahead of open-weight rivals Kimi K3 (67.5%) and GLM-5.3 (66.9%), and scores 44 on the Artificial Analysis Intelligence Index, ranking 27th of 653 models tracked.
Its trade-offs: trails closed frontier models on coding — 67.7% on DeepSWE v1.1 vs GPT-6 Astra's 74.1% and Claude Opus 5's 74.0%, open weights were promised for October 15, 2026 but hadn't shipped as of this writing — API-only for now despite the open-weight roadmap, a 'Preview' release, not StepFun's finished flagship — positioning and pricing may change once weights ship, and stepCodeBench and DeepSWE figures are StepFun's own reported numbers, not yet independently reproduced at scale. At $1 in / $2.7 out per million tokens, it sits in the budget price band.
The bottom line for this matchup
This is less "which is smarter" and more "which ecosystem fits." GPT-4.1 Mini (US) and Step 5 Preview (China) differ on pricing philosophy, data-residency, and tooling as much as on raw scores. GPT-4.1 Mini is the cheaper option, which matters at volume. The pragmatic move is to run one real task through both and judge the outputs against your own constraints — including where your data is allowed to be processed.
Want both GPT-4.1 Mini and Step 5 Preview without two subscriptions? LumiChats gives you these plus 40+ models under one ₹69/day pass (about $1/day) — draft with one, cross-check with the other.
See pricingFrequently asked questions
Is GPT-4.1 Mini or Step 5 Preview better for coding?
Public SWE-Bench figures are not available for Step 5 Preview, so the honest test is your own repository — run an identical real bug through both. By design, GPT-4.1 Mini leans toward very cheap high-volume text work at $0.40 in / $1.60 out per million tokens while Step 5 Preview leans toward sparse moe architecture — 600b total parameters, only 27b active per token — built for long-horizon agentic work across large codebases and documents, and that positioning usually predicts which feels better on your codebase.
Which is cheaper, GPT-4.1 Mini or Step 5 Preview?
GPT-4.1 Mini is cheaper — $0.4/$1.6 per 1M tokens vs $1/$2.7 per 1M tokens, roughly 2.5× apart on input.
Which has the bigger context window?
Effectively neither — 1M vs 1M tokens is a difference of a few percent. Remember advertised ≠ usable: recall typically degrades before the ceiling.
Can I use both GPT-4.1 Mini and Step 5 Preview together?
Yes — a multi-model platform like LumiChats gives you GPT-4.1 Mini, Step 5 Preview and 40+ others under one ₹69/day pass (about $1/day), so you can draft with one and cross-check with the other instead of buying two subscriptions.
Which is newer, GPT-4.1 Mini or Step 5 Preview?
Step 5 Preview — released September 20, 2026, about 17 months after GPT-4.1 Mini.
Related comparisons
Specifications and benchmarks reflect publicly reported figures as of June 2026 and may change as providers release updates. Always verify on your own workload.