Step 3.7 Flash vs Mercury 2.5 compared — price per token, context window, multimodality, openness and which to choose. Can the open-source model replace the paid one? Full 2026 breakdown.
Prices & specs refreshed from live data · olud.ai
Open-model prices = cheapest provider via OpenRouter; official maker rates may be higher.
| Spec | Step 3.7 Flash | Mercury 2.5 | Winner |
|---|---|---|---|
| Maker | Stepfun | Inception | – |
| Type | Open-weight | Proprietary | |
| Context window | 262K tokens | 260K tokens | |
| Input price | $0.2/M · free self-host | $0.04/M | INMercury 2.5 |
| Output price | $1.15/M · free self-host | $0.15/M | INMercury 2.5 |
| Vision / multimodal | Yes | No | |
| Tool / function calling | Yes | Yes | = Tie |
| Self-hostable | Yes | No (API only) | |
| License | Open weights | Proprietary |
Mercury 2.5 is ~7.7× cheaper than Step 3.7 Flash on output tokens ($0.15 vs $1.15 per M tokens).
| Capability | Step 3.7 Flash | Mercury 2.5 |
|---|---|---|
| Open weights (downloadable) | ✓ | ✗ |
| Self-hostable | ✓ | ✗ |
| Runs fully offline | ✓ | ✗ |
| Vision / multimodal | ✓ | ✗ |
| Tool / function calling | ✓ | ✓ |
| 1M+ context window | ✗ | ✗ |
Independent benchmark scores measured by Artificial Analysis. Higher is better (except latency).
Benchmark data by Artificial Analysis.
| Criterion | Step 3.7 Flash | Mercury 2.5 |
|---|---|---|
| Cost-efficiency | 4.5 | 5.0 |
| Context window | 4.0 | 4.0 |
| Openness | 5.0 | 1.5 |
| Self-hosting | 5.0 | 1.0 |
| Multimodality | 5.0 | 3.5 |
Scores come from live data — output price (cost), context length, open vs closed weights (openness & self-hosting) and vision/tool support (multimodality). Raw task quality isn't scored here; it depends on your benchmark — see the verdict.
Step 3.7 Flash is StepFun's latest high-efficiency multimodal Mixture-of-Experts model. It pairs a 196B-parameter language backbone with a vision encoder for native image and video understanding, activating roughly 11B parameters...
Mercury 2.5 is the fastest reasoning LLM, and the latest diffusion LLM (dLLM) from Inception. Instead of generating tokens sequentially, Mercury 2.5 produces and refines multiple tokens in parallel, achieving...
These variants are tracked but not compared here — one page per family keeps the comparison readable.
Step 3.7 Flash is open-weight and competitive on many tasks, but Mercury 2.5 may still lead on the hardest reasoning and agentic work. The gap keeps narrowing — benchmark both on your actual use case before deciding.
Yes. Step 3.7 Flash has open weights, so you can self-host it on your own GPUs or run it via a low-cost API. Mercury 2.5 is API-only and cannot be self-hosted.
Choose Step 3.7 Flash if you want to self-host, keep your data private and skip per-token fees — it's open-weight and runs on your own hardware. Choose Mercury 2.5 if you want frontier capability through a managed API with zero infrastructure to run.
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