Step 5 Preview vs GLM-5.3. Price and specs.

For 10,000 requests of 2,000 tokens in and 500 out, Step 5 Preview costs 38% less than GLM-5.3 on Zurelay: $8.40 against $13.65. Both are below their labs' list prices: 75% for Step 5 Preview and 73% for GLM-5.3.

Side by side

Specs and prices. Live.

Step 5 Preview and GLM-5.3 side by side
Step 5 PreviewGLM-5.3
LabStepFunZ.ai
ReleasedSep 20, 2026Aug 14, 2026
Context window1M tokens1M tokens
Max output64K tokens128K tokens
ReadsText, ImagesText
Reasoning levelslow, medium, highlow, high, max
Price per 1M, in / out$0.25 / $0.68$0.38 / $1.21
Lab list price$1.00 / $2.70$1.40 / $4.40
Cached input per 1M$0.025$0.038
10K typical requests$8.40$13.65

Prices in US dollars per 1M tokens on Zurelay, live from the catalog. A typical request is 2,000 tokens in and 500 out. Output limits are each lab's.

What they're for

As each lab describes it.

Step 5 Preview

Step 5 Preview is StepFun's flagship model for agentic work: software engineering, long tool-calling tasks and professional knowledge work, with particular strength in finance. The Zurelay Step 5 Preview API serves it through one OpenAI-compatible endpoint with a 1M-token context window, at 75% below StepFun's list price.

  • Coding agents
  • Financial analysis
  • Long documents
Step 5 Preview API

GLM-5.3

GLM-5.3 is Z.ai's flagship model for complex software engineering and long-running agents, with a 1M-token context window and up to 128K output tokens. The Zurelay GLM-5.3 API serves the same model through one OpenAI-compatible endpoint, billed per token at 73% below Z.ai's list price.

  • Coding agents
  • Terminal automation
  • Secure code review
GLM-5.3 API

Try both

Test on your own prompts.

Specs don't say which model handles your work better. Send the same requests to both and compare the answers, the tokens and the bill. On Zurelay that's a change of model name.

To price a whole month, use the LLM cost calculator.

compare.py
from openai import OpenAI
client = OpenAI(base_url="https://api.zurelay.com/v1", api_key="YOUR_ZURELAY_KEY")
prompt = [{"role": "user", "content": "Summarize this contract: ..."}]
# Same key, same code: only the model name changes
for model in ["step-5-preview", "glm-5.3"]:
reply = client.chat.completions.create(model=model, messages=prompt)
print(model, reply.usage.total_tokens, reply.choices[0].message.content[:200])

FAQ

Step 5 Preview vs GLM-5.3 questions.

Anything else? Ask our team and we’ll answer by email.

Is Step 5 Preview or GLM-5.3 cheaper?

For 10,000 requests of 2,000 tokens in and 500 out, Step 5 Preview costs 38% less than GLM-5.3 on Zurelay: $8.40 against $13.65. Per 1M tokens, Step 5 Preview is $0.25 input and $0.68 output, and GLM-5.3 is $0.38 and $1.21.

Which has the bigger context window?

They're the same on Zurelay: 1M tokens each.

Can I use Step 5 Preview and GLM-5.3 with one API key?

Yes. One Zurelay key calls both. With an OpenAI SDK, point it at https://api.zurelay.com/v1 and change only the model name, step-5-preview or glm-5.3, to switch.

Are these the real models?

Yes. Each model is served over several routes run by independent sellers, and every route is tested before it serves requests and every day after, with identity, dated-knowledge and reasoning checks that catch an older or different model sold under the name you asked for.

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