Kimi K2.5 (Moonshot) vs StepFun Step 3.5 Flash

Which one should you pick? Here's the full breakdown.

Our Pick

Kimi K2.5 (Moonshot)

A
8.1/10

Moonshot's 1T-parameter MoE open-weights flagship -- best open-source agentic coder, rivals Claude Opus 4.5

StepFun Step 3.5 Flash

B
7.8/10

StepFun's (China) agent-focused open-weight model -- Step 3.5 Flash launched 2026-02-01. 196B sparse MoE, ~11B active. Benchmarks slightly ahead of DeepSeek V3.2 at over 3x smaller total size. Step 3 (321B / 38B active, Apache 2.0) and Step3-VL-10B multimodal also in the family

CategoryKimi K2.5 (Moonshot)StepFun Step 3.5 Flash
Ease of Use6.06.0
Output Quality9.08.0
Value8.59.0
Features9.08.0
Overall8.17.8

Pricing Comparison

FeatureKimi K2.5 (Moonshot)StepFun Step 3.5 Flash
Free TierYesYes
Starting Price$0$0

Benchmark Head-to-Head

Kimi K2.5 (1T/32B active MoE) benchmarks — StepFun Step 3.5 Flash has no published benchmarks

BenchmarkScore
MMLU-Pro84.8%
GPQA Diamond80.5%
AIME 202591.2%
SWE-Bench Verified78.5%
LiveCodeBench74.1%

Which Should You Pick?

Pick Kimi K2.5 (Moonshot) if...

  • Higher output quality (9 vs 8)
  • More features (9 vs 8)

Agentic coding workflows, tool-use agents, and teams willing to pay hosted-API prices for frontier-tier quality with open-weights licensing protection.

Visit Kimi K2.5 (Moonshot)

Pick StepFun Step 3.5 Flash if...

Teams building agent systems on Chinese open-weight foundations who want something other than DeepSeek or Qwen, especially if agentic tool-use is the primary workload. Also good for Chinese-market products where StepFun's domestic tuning advantages matter. And for anyone looking to add diversity to their open-weight evaluation matrix beyond the top-3 Chinese labs.

Visit StepFun Step 3.5 Flash

Our Verdict

Kimi K2.5 (Moonshot) and StepFun Step 3.5 Flash are extremely close overall. Your choice comes down to specific needs -- Kimi K2.5 (Moonshot) is better for agentic coding workflows, tool-use agents, and teams willing to pay hosted-api prices for frontier-tier quality with open-weights licensing protection, while StepFun Step 3.5 Flash works best for teams building agent systems on chinese open-weight foundations who want something other than deepseek or qwen, especially if agentic tool-use is the primary workload.