GCC (libstdc++) as all other major C++ runtimes (libc++, MSVC) implements the small object optimization for std::function where a small enough callable is stored directly in std::function's state instead of on the heap. Across these implementations, you can reply on being able to capture two pointers without a dynamic allocation.

You would think so, but it actually doesn't. last time I checked, libstdc++ could only optimize std::bind closures. A trivial test with a stateless lambda shows this is still the case in GCC14 and 15. In fact I can't even seem to trigger the library optimization with bind.

Differently from GCC14, GCC15 itself does seem to be able to optimize the allocation (and the whole std::function) in trivial cases though (independently of what the library does).