GPT-5.4 Nano (OpenAI) and o3 (OpenAI) compared on the ModelCap Index, API price, context window, provider availability, weight access and every public benchmark board they share. Figures are the same ones shown on the live rankings; nothing here is a hidden score.
Snapshot as of 22 September 2026
As of 22 September 2026, o3 holds the stronger ModelCap Index position (#53 vs #81); GPT-5.4 Nano is 6.4× cheaper per output token ($1.25/1M vs $8.00/1M); and GPT-5.4 Nano offers the longer context window (400K vs 200K tokens).
Evidence: 4 public benchmark observations across 4 boards · 3 public benchmark observations across 3 boards. Prices are the lowest listed API offer per million tokens observed on the OpenRouter catalogue.
Benchmark scores: GPT-5.4 Nano vs o3
Public benchmark boards where GPT-5.4 Nano or o3 has a published result
o3 ranks higher on the ModelCap Index as of 22 September 2026: #53 against #81. That is a capability ranking built from public benchmark evidence with published uncertainty; whether it is "better" for you also depends on price, context and where you can run it. Their published uncertainty intervals overlap, so the rank difference alone does not establish a reliable capability advantage for your workload.
Is GPT-5.4 Nano cheaper than o3?
GPT-5.4 Nano is cheaper on output tokens: $1.25/1M against $8.00/1M. Input tokens are $0.20/1M for GPT-5.4 Nano and $2.00/1M for o3. Prices are the lowest listed API offer ModelCap observed, in USD per million tokens. For 1,000 requests with 2,000 input and 500 output tokens each (2M input + 0.5M output), the listed-rate estimate is $1.02 for GPT-5.4 Nano versus $8.00 for o3. GPT-5.4 Nano costs 87.2% less in this scenario. This excludes caching, batch discounts, prompt-length tiers, tool charges and retries; verify the selected endpoint before budgeting.
Which has the bigger context window, GPT-5.4 Nano or o3?
GPT-5.4 Nano has the larger context window: 400K tokens against 200K.
GPT-5.4 Nano: API only. o3: API only. Open weights mean the checkpoint can be downloaded and self-hosted under its licence; API-only models are available solely through hosted endpoints.
Where can I run GPT-5.4 Nano and o3?
ModelCap currently lists 2 API providers for GPT-5.4 Nano and 1 for o3, from the OpenRouter catalogue snapshot the site serves; each model page lists the providers and their prices.
How current is this GPT-5.4 Nano vs o3 comparison?
Every figure comes from the sealed ModelCap dataset published 22 September 2026; the page re-renders within a minute of each data refresh, and the ModelCap Index positions are the same ones shown on the live rankings.