Fugu Max vs Fugu Ultra v2
Pricing, context window and real answers (September 2026)
Fugu Max (Sakana AI) and Fugu Ultra v2 (Sakana AI), compared as you can actually call them on FastMetal. Both are served from the same OpenAI-compatible endpoint and API key; switching is a change to the model string.
Specs and pricing
| Fugu Max | Fugu Ultra v2 | |
|---|---|---|
| Provider | Sakana AI | Sakana AI |
| Input (per 1M tokens) | ¥357.4 | ¥893.5 |
| Output (per 1M tokens) | ¥1,072.2 | ¥5,361 |
| Typical cost (1,000 in + 500 out tokens × 1,000 calls) | ¥894 | ¥3,574 |
| Context window | 1,000,000 tokens | 1,000,000 tokens |
| Release date | 9/11/2026 | 9/11/2026 |
| Input modalities | text, image, file | text, image, file |
| Throughput (p50) | — | — |
| Arena · overall | Unranked | Unranked |
| Arena · Japanese | Unranked | Unranked |
| Arena · coding | Unranked | Unranked |
Prices are FastMetal's yen rates before tax. Arena ranks are as of the latest leaderboard scrape.
Which should you pick?
- On price, Fugu Max: ¥1,072.2 per 1M output tokens, 80% less than Fugu Ultra v2.
- If in doubt, try both on the same key. Switching is a change to the model string, and each is billed at its own rate.
Real answers to the same prompts
Exactly what the FastMetal gateway returned, side by side. Not benchmark scores: actual output.
Count the number of 'r's in 'strawberry'
Count the number of 'r's in 'strawberry'. Explain your reasoning step by step.
Fugu Max
Fugu Ultra v2
Debug This Error
I'm getting the following error in my Node.js application: TypeError: Cannot read properties of undefined (reading 'map') at UserList (/app/components/UserList.js:12:25) at renderWithHooks (/app/node_modules/rea…
Fugu Max
Fugu Ultra v2
Code Review
Please review the following Python function and suggest improvements for readability, performance, and best practices: def get_data(url, retries=3): import requests import time for i in range(retries):…
Fugu Max
Fugu Ultra v2
Frequently asked questions
- Which is cheaper, Fugu Max or Fugu Ultra v2?
- Per 1M output tokens, Fugu Max is ¥1,072.2 and Fugu Ultra v2 is ¥5,361 on FastMetal (yen, before tax), so Fugu Max is cheaper.
- How do the context windows of Fugu Max and Fugu Ultra v2 compare?
- Fugu Max takes 1,000,000 tokens; Fugu Ultra v2 takes 1,000,000.
- Can I use Fugu Max and Fugu Ultra v2 with the same API key?
- Yes. On FastMetal's OpenAI-compatible endpoint, switch by passing "fugu-max" or "fugu-ultra-v2" as the model. Each is billed at its own rate from the same prepaid balance.
Try both on one API key
Create an account and add credit to call Fugu Max and Fugu Ultra v2 from the browser chat and the API. No monthly fee.