GPT-6 Luna vs Step 5 Preview
OpenAI · US | StepFun · China · Updated June 2026
Quick verdict
Pick GPT-6 Luna for openai's cheapest gpt-6 tier — $0.10/$0.50 per million tokens, optimized for fast responses at high volume or available to free and go plan users in the chatgpt desktop app, not gated to paid tiers. 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-6 Luna is the value pick.
GPT-6 Luna (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-6 Luna is openAI's cheapest GPT-6 tier, released September 22, 2026 alongside GPT-6 Sol — $0.10/$0.50 per million tokens, built for speed over depth. 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-6 Luna is about 10× cheaper on input ($0.1/$0.5 per 1M tokens vs $1/$2.7 per 1M tokens) — a large enough gap that at scale it can be the single biggest line item in the decision.
- ▸Context window: 1.05M tokens 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.
- ▸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-6 Luna | Step 5 Preview |
|---|---|---|
| Provider | OpenAI (US) | StepFun (China) |
| Released | September 22, 2026 | September 20, 2026 |
| Context window | 1.05M tokens (~1,575 pages) | 1M tokens (~1,500 pages) |
| Price (in/out) | $0.1/$0.5 per 1M tokens | $1/$2.7 per 1M tokens |
| Open weight? | No — API only | No — API only |
| Modalities | text, image | text, image, code |
| SWE-Bench Verified | Not published | Not published |
| MRCR v2 @ 1M | Not published | Not published |
Who wins what
OpenAI's cheapest GPT-6 tier — $0.10/$0.50 per million tokens, optimized for fast responses at high volume
GPT-6 Luna
At $0.1/$0.5 per 1M tokens it undercuts Step 5 Preview ($1/$2.7 per 1M tokens), and that gap compounds at volume.
Available to Free and Go plan users in the ChatGPT desktop app, not gated to paid tiers
GPT-6 Luna
OpenAI's cheapest GPT-6 tier, released September 22, 2026 alongside GPT-6 Sol — $0.10/$0.50 per million tokens, built for speed over depth — and it runs cheaper at $0.1/$0.5 per 1M tokens.
Cache reads at $0.01/MTok — a 90% discount, the cheapest in the GPT-6 family
GPT-6 Luna
OpenAI's cheapest GPT-6 tier, released September 22, 2026 alongside GPT-6 Sol — $0.10/$0.50 per million tokens, built for speed over depth — and it is the newer of the two.
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-6 Luna is comparatively weak here — less reasoning capability than sibling GPT-6 Sol — built for speed and volume, not hard problems
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
Step 5 Preview lists 1M-token context window (64K max output) at $1/$2.70 per million tokens, among the cheapest frontier-scale context windows available among its strengths; GPT-6 Luna does not.
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-6 Luna does not.
Lowest cost at scale
GPT-6 Luna
At $0.1/$0.5 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-6 Luna
At $0.1/$0.5 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-6 Luna
Larger 1.05M tokens window fits more in one prompt.
Anyone whose priority is openai's cheapest gpt-6 tier — $0.10/$0.50 per million tokens, optimized for fast responses at high volume
→ GPT-6 Luna
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-6 Luna 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-6 Luna: where it fits
OpenAI's cheapest GPT-6 tier, released September 22, 2026 alongside GPT-6 Sol — $0.10/$0.50 per million tokens, built for speed over depth. Released September 22, 2026 by OpenAI, it is built for openAI's cheapest GPT-6 tier — $0.10/$0.50 per million tokens, optimized for fast responses at high volume, available to Free and Go plan users in the ChatGPT desktop app, not gated to paid tiers, cache reads at $0.01/MTok — a 90% discount, the cheapest in the GPT-6 family, and 1.05M-token context window carried down from the flagship tier.
Its trade-offs are real: less reasoning capability than sibling GPT-6 Sol — built for speed and volume, not hard problems, and as the entry-level tier, expect it to be the first model swapped out when OpenAI ships the next cost-tier refresh. At $0.1 in / $0.5 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-6 Luna (US) and Step 5 Preview (China) differ on pricing philosophy, data-residency, and tooling as much as on raw scores. GPT-6 Luna 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-6 Luna 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-6 Luna or Step 5 Preview better for coding?
Public SWE-Bench figures are not available for either model, so the honest test is your own repository — run an identical real bug through both. By design, GPT-6 Luna leans toward openai's cheapest gpt-6 tier — $0.10/$0.50 per million tokens, optimized for fast responses at high volume 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-6 Luna or Step 5 Preview?
GPT-6 Luna is cheaper — $0.1/$0.5 per 1M tokens vs $1/$2.7 per 1M tokens, roughly 10× apart on input.
Which has the bigger context window?
Effectively neither — 1.05M tokens vs 1M tokens is a difference of a few percent. Remember advertised ≠ usable: recall typically degrades before the ceiling.
Can I use both GPT-6 Luna and Step 5 Preview together?
Yes — a multi-model platform like LumiChats gives you GPT-6 Luna, 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-6 Luna or Step 5 Preview?
GPT-6 Luna — released September 22, 2026, about 2 days after Step 5 Preview.
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.