Model comparison

vs

text-embedding-3-small vs jina-embeddings-v5-text-nano

Compared on price, indexing cost, vector size and input limits.

The short answer

  • OpenAI Embedding 3 Small and Jina v5 Text Nano cost the same, $0.02/M tokens.
  • Both take up to 8k tokens per text.
  • Jina v5 Text Nano returns smaller vectors (768 against 1536 dimensions), which cuts index storage by 50%.

Side-by-side specs

Spectext-embedding-3-smalljina-embeddings-v5-text-nano
ProviderOpenAIJina AI
Price$0.02/M$0.02/M
Max input8k tokens8k tokens
Default dimensions1,536768
Storage per 1M vectors6.1 GB3.1 GB
AcceptsTextText
Multilingual—Yes
WeightsClosedOpen (CC BY-NC 4.0)

Same work, both models

Workloadtext-embedding-3-smalljina-embeddings-v5-text-nano
Index 10,000 help articles~800 tokens each, 8M tokensSame$0.16$0.16
Index a 1M-line codebase~10 tokens a line, 10M tokens$0.20$0.20
Embed 1M search queries~20 tokens each, 20M tokens$0.40$0.40

At listed rates, before the 5% platform fee. Re-embedding an index costs the same again.

When to pick which

text-embedding-3-small

OpenAI's smaller text-embedding-3 model, which OpenAI calls an improved, more performant version of its ada embedding model. It returns 1536-dimension vectors by default and costs less than its sibling text-embedding-3-large.

Pick it if

  • you want the hosted embedding model every Octomind plan includes, Free too
  • you want embeddings without loading model weights into your machine's memory
  • you want shorter vectors via the dimensions parameter to shrink your index

Skip it if

  • a single input runs past 8,192 tokens, the per-input limit
  • you need to embed images; it accepts text only

jina-embeddings-v5-text-nano

Jina v5 Text Nano is the smaller of Jina AI's two v5 text embedding models, a 239M-parameter multilingual model built on EuroBERT-210M. It costs less than jina-embeddings-v5-text-small and reads 8K tokens against Small's 32K.

Pick it if

  • you want the cheapest Jina v5 text embeddings for multilingual search
  • Jina's reported English MTEB 71.0, near v5-text-small's 71.7, is enough
  • you want 768-dimension vectors that truncate down to 32 dimensions

Skip it if

  • your documents exceed 8K tokens; v5-text-small reads 32K
  • you embed images, audio or video; this model reads text only

FAQ

Which is cheaper, OpenAI Embedding 3 Small or Jina v5 Text Nano?

OpenAI Embedding 3 Small and Jina v5 Text Nano cost the same, $0.02/M tokens.

Which handles longer documents?

Both take up to 8k tokens per text.

Can I switch from OpenAI Embedding 3 Small to Jina v5 Text Nano without re-indexing?

No. Vectors from different embedding models are not comparable, so a switch means re-embedding the whole corpus.

Try either model

Switch between models inside the same Octomind session.

Prices from the catalog of 2026-10-22