Gemini Embedding 2 vs Step 3.5 Flash 2603.

model vs model · prices as of

Step 3.5 Flash 2603 takes 3 of 5 rounds against Gemini Embedding 2. It is also the cheaper of the two to run, at $0.57 per million tokens against $0.60.

Google

Gemini Embedding 2

$0.60/M tokens

Google list price, nothing below it is accounted for · $0.12 per 1,000 pages

8k context · reads images

StepFunwins 3 rounds

Step 3.5 Flash 2603

$0.57/M tokens

cheapest we can explain, at Vercel AI Gateway · $0.072 per 1,000 pages

256k context · tool calling · open weights

List price in (lower wins)

$0.20/M

$0.10/M

List price out (lower wins)

$0/M

$0.30/M

Cheapest we can explain (lower wins)

none below list

$0.57/M at Vercel AI Gateway

Standard price (lower wins)

$0.60/M

$0.60/M

Cost per 1,000 pages (lower wins)

$0.12

$0.072

Context

8k tokens

256k tokens

Open weights

no

yes

Tool calling

no

yes

Structured output

not stated

not stated

Reads images

yes

no

Reasoning

no

yes

Released

22 Apr 2026

2 Apr 2026

Providers selling it

4

16

Price we measure against

the maker's own

the maker's own

Trains on your prompts (no is better)

no provider to check

not stated

Providers selling both · 2

  • Nous Portal$0.60 / $0.60
  • LLMTR$12.60 / $0.60

Gemini Embedding 2 then Step 3.5 Flash 2603, per million tokens

Go further

Add a third or fourth model, or switch the weighting, in the tool.

What moved in the last seven days

  1. Gemini Embedding 2Nous Portal$0.16 / $0 $0.20 / $025% dearer ·
  2. Step 3.5 Flash 2603Nous Portal$0.08 / $0.24 $0.10 / $0.3025% dearer ·

Frequently asked

Which is cheaper, Gemini Embedding 2 or Step 3.5 Flash 2603?
Step 3.5 Flash 2603, at $0.57 per million tokens against $0.60 for Gemini Embedding 2, three parts input to one part output, read on 16 Sept 2026.
Where is each one cheapest?
Gemini Embedding 2: nobody goes below the maker's own price with a reason we can point at, so $0.60 is the number to beat. Step 3.5 Flash 2603: $0.57 at Vercel AI Gateway.
Can I buy both from one provider?
Yes. 2 providers sell both: Nous Portal, LLMTR. The cheapest of them for the two together is Nous Portal.
Which holds more context?
Step 3.5 Flash 2603, at 256k tokens against 8k.

Prices exclude tax and are per million tokens, read 16 Sept 2026 from each provider's own catalog. The standard price blends three parts input to one part output; a page is 600 tokens in and 60 out. Bars are scaled to the larger value in each row.

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