o3 (OpenAI) and o4 Mini (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 6 November 2026
As of 6 November 2026, o3 holds the stronger ModelCap Index position (#74 vs #136); and o4 Mini is 3.6× cheaper per output token ($2.20/1M vs $8.00/1M).
Evidence: 3 public benchmark observations across 3 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: o3 vs o4 Mini
Public benchmark boards where o3 or o4 Mini has a published result
o3 ranks higher on the ModelCap Index as of 6 November 2026: #74 against #136. 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 do not overlap, but the aggregate Index does not predict performance on every task; compare the relevant benchmark configurations before choosing.
Is o3 cheaper than o4 Mini?
o4 Mini is cheaper on output tokens: $2.20/1M against $8.00/1M. Input tokens are $2.00/1M for o3 and $0.55/1M for o4 Mini. 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 $8.00 for o3 versus $2.20 for o4 Mini. o4 Mini costs 72.5% 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, o3 or o4 Mini?
Both publish a 200K-token context window. OpenRouter catalogue or provider-endpoint declaration. Limits can vary by provider and prompt length; a model-wide maximum has not been independently verified.
Which is better for coding, o3 or o4 Mini?
Arena coding: o3 1460, o4 Mini 1433 — o3 leads. SWE-bench: o3 58.4%, o4 Mini 45.0% — o3 leads.
Are o3 and o4 Mini open-weight models?
o3: No linked weights. o4 Mini: No linked weights. Open weights mean the checkpoint can be downloaded and self-hosted under its licence. A missing weight link does not identify every API or chat product that offers a model.
Where can I run o3 and o4 Mini?
ModelCap currently lists 1 API provider for o3 and 1 for o4 Mini, from the OpenRouter catalogue snapshot the site serves; each model page lists the providers and their prices.
How current is this o3 vs o4 Mini comparison?
Every figure and ModelCap Index position comes from the same published snapshot dated 6 November 2026. Publication and page updates happen separately; use the snapshot date shown on the page.