Tencent: Hy3 preview vs StepFun: Step 5 Preview: Live Promos, Pricing, Hidden Fees & Latency
Verified 2026 FinOps benchmark comparing Tencent: Hy3 preview (tencent/hy3-preview) vs StepFun: Step 5 Preview (stepfun/step-5-preview). Simulate cache read multipliers, context cliffs, MAU bills, and P90 latency.
Tencent: Hy3 preview (tencent/hy3-preview) 2026 Q4 Developer Promotion & Volume Credits
Official 2026 Q4 promotion for Tencent: Hy3 preview: Activate ephemeral prefix caching to slash input costs by 50% (down to $0.09/1M) or route via asynchronous Batch API for 50% off standard token rates.
StepFun: Step 5 Preview (stepfun/step-5-preview) 2026 Q4 Developer Promotion & Volume Credits
Official 2026 Q4 promotion for StepFun: Step 5 Preview: Activate ephemeral prefix caching to slash input costs by 50% (down to $0.5/1M) or route via asynchronous Batch API for 50% off standard token rates.
In Etuki October 2026 FinOps telemetry comparing Tencent: Hy3 preview (API ID: tencent/hy3-preview) vs StepFun: Step 5 Preview (API ID: stepfun/step-5-preview), Tencent: Hy3 preview offers lower standard input pricing at $0.18/1M tokens ($0.6/1M output), while Tencent: Hy3 preview leads in cached prefix economics at $0.09/1M tokens (50% discount). Tencent: Hy3 preview achieves a 0ms faster P90 time-to-first-token latency (280ms vs 280ms).
Auto-discovered via live global telemetry registry.
Auto-discovered via live global telemetry registry.
| Specification / FinOps Dimension | Tencent: Hy3 preview | StepFun: Step 5 Preview | Verified Advantage |
|---|---|---|---|
| Official Vendor API ID | tencent/hy3-preview | stepfun/step-5-preview | Pinned Snapshot IDs |
| Standard Input / Output (per 1M) | $0.18 / $0.6 | $1 / $2.7 | Tencent: Hy3 preview |
| Cache Read Price (per 1M) | $0.09/1M (50% Off) | $0.5/1M (50% Off) | Tencent: Hy3 preview |
| Context Window / Max Output | 256K In / 230K Out | 1024K In / 63K Out | Tencent: Hy3 preview |
| P90 First-Token / Edge Latency | 280ms | 280ms | Tencent: Hy3 preview (-0ms) |
Hy3 preview is a high-efficiency Mixture-of-Experts model from Tencent designed for agentic workflows and production use. It supports configurable reasoning levels across disabled,
Step 5 Preview is StepFun's flagship model for agentic work, built on a sparse Mixture-of-Experts architecture (27B active / 600B total parameters). It performs strongly in softwar
Real-Time Stack Cost & Hidden-Fee Simulator (MAU / Token / Egress / GMV)
Calibrated with Reddit r/FinOps & r/devops telemetry: Includes Context Caching, Bandwidth Egress, and MoR Tax
🛰️Switch from Tencent: Hy3 preview to StepFun: Step 5 Preview
Step 5 Preview is StepFun's flagship model for agentic work, built on a sparse Mixture-of-Experts architecture (27B active / 600B total parameters). It performs strongly in softwar Verified P90 latency of 280ms.