Fugu Max vs MiMo-V2.5
Pricing, context window and real answers (September 2026)
Fugu Max (Sakana AI) and MiMo-V2.5 (Xiaomi), 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 | MiMo-V2.5 | |
|---|---|---|
| Provider | Sakana AI | Xiaomi |
| Input (per 1M tokens) | ¥357.4 | ¥25.02 |
| Output (per 1M tokens) | ¥1,072.2 | ¥50.04 |
| Typical cost (1,000 in + 500 out tokens × 1,000 calls) | ¥894 | ¥50 |
| Context window | 1,000,000 tokens | 1,050,000 tokens |
| Release date | 9/11/2026 | 4/22/2026 |
| Input modalities | text, image, file | text, audio, image, video |
| Throughput (p50) | — | — |
| Arena · overall | Unranked | #96 · ELO 1,434 |
| Arena · Japanese | Unranked | #141 · ELO 1,321 |
| Arena · coding | Unranked | #81 · ELO 1,491 |
Prices are FastMetal's yen rates before tax. Arena ranks are as of the latest leaderboard scrape.
Which should you pick?
- On price, MiMo-V2.5: ¥50.04 per 1M output tokens, 95% less than Fugu Max.
- For long documents, MiMo-V2.5: a 1,050,000-token context window against 1,000,000 for Fugu Max.
- 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
MiMo-V2.5
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
MiMo-V2.5
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
MiMo-V2.5
Frequently asked questions
- Which is cheaper, Fugu Max or MiMo-V2.5?
- Per 1M output tokens, Fugu Max is ¥1,072.2 and MiMo-V2.5 is ¥50.04 on FastMetal (yen, before tax), so MiMo-V2.5 is cheaper.
- How do the context windows of Fugu Max and MiMo-V2.5 compare?
- Fugu Max takes 1,000,000 tokens; MiMo-V2.5 takes 1,050,000.
- Can I use Fugu Max and MiMo-V2.5 with the same API key?
- Yes. On FastMetal's OpenAI-compatible endpoint, switch by passing "fugu-max" or "mimo-v2.5" 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 MiMo-V2.5 from the browser chat and the API. No monthly fee.