GPT 5.4 vs o3

GPT 5.4 vs o3: o3 is cheaper by 47% on average. GPT 5.4 from Azure OpenAI (1,050,000-token context, reasoning, tool calls) vs. o3 from OpenAI (200,000-token context, reasoning, tool calls). Use Agent Command Center to A/B both in shadow mode and pick the winner per workload.

Side-by-side cost

Live workload comparison

Same workload run through both models. The cheaper one is highlighted.

3,000
01,050,000
400
0128,000
5,000
01,000,000
Azure OpenAI
$2,055/mo
Input $2.50/M · Output $15.00/M
o3Cheaper
OpenAI
$1,400/mo
Input $2.00/M · Output $8.00/M
At this workload, o3 is 32% cheaper than GPT 5.4 — a savings of $654/month ($7,853/year).
Production recipe — Agent Command Center
strategy: cost-optimized
primary:
  model: o3
  provider: openai
fallback:
  model: gpt-5-4
  provider: azure-openai
shadow: { sample_rate: 0.05 }   # mirror 5% of traffic to compare quality live
GPT 5.4 o3
Input price $2.50/M $2.00/M
Output price $15.00/M $8.00/M
Context window 1,050,000 200,000
Max output 128,000 100,000
Function calling
Vision
Audio input
Reasoning
Prompt caching
Structured output
Pricing verified May 12, 2026 May 12, 2026
Cheaper option
~47% cheaper than GPT 5.4
Larger context
1,050,000 tokens
More capabilities
5 of 6 capability flags advertised

Benchmark comparison

Side-by-side public benchmark scores. Greener bar = winner.

Chatbot Arena ELOgeneral
GPT 5.4
1,477
o3
ARC-AGIreasoning
GPT 5.4
93.7%
o3
GPQA Diamondreasoning
GPT 5.4
92.8%
o3
MMMU-Promultimodal
GPT 5.4
81.2%
o3
ARC-AGI-2reasoning
GPT 5.4
73.3%
o3
SWE-benchagent
GPT 5.4
57.7%
o3
FrontierMathmath
GPT 5.4
47.6%
o3
Humanity's Last Examreasoning
GPT 5.4
39.8%
o3