Fugu Ultra v2 vs Mercury 2.5
Pricing, context window and real answers (September 2026)
Fugu Ultra v2 (Sakana AI) and Mercury 2.5 (Inception), 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 Ultra v2 | Mercury 2.5 | |
|---|---|---|
| Provider | Sakana AI | Inception |
| Input (per 1M tokens) | ¥893.5 | ¥7.15 |
| Output (per 1M tokens) | ¥5,361 | ¥26.81 |
| Typical cost (1,000 in + 500 out tokens × 1,000 calls) | ¥3,574 | ¥21 |
| Context window | 1,000,000 tokens | 260,000 tokens |
| Release date | 9/11/2026 | 9/8/2026 |
| Input modalities | text, image, file | text |
| 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, Mercury 2.5: ¥26.81 per 1M output tokens, 99% less than Fugu Ultra v2.
- For long documents, Fugu Ultra v2: a 1,000,000-token context window against 260,000 for Mercury 2.5.
- 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 Ultra v2
**Answer: 3**
**Step-by-step reasoning:**
1. **Write out the word letter by letter**, assigning each a position:
| Position | Letter | Is it 'r'? |
|---|---|---|
| 1 | s | no |
| 2 | t | no |
| 3 | **r** | ✅ yes |
| 4 | a | no |
| 5 | w | no |
| 6 | b | no |
| 7 | e | no |
| 8 | **r** | ✅ yes |
| 9 | **r** | ✅ yes |
| 10 | y | no |
2. **Tally the matches:** positions 3, 8, and 9 are 'r'.
3. **Sanity check by chunks:** "straw" contains one 'r' (str**a**w → the r in "str"), and "berry" contains two 'r's (be**rr**y). 1 + 2 = 3.
4. **Verify length:** the letters counted total 10, which matches the length of "strawberry" — so no letter was skipped or double-counted.
**Conclusion:** There a…
10.2s435 output tokens
Mercury 2.5
To determine the number of 'r's in the word "strawberry", we can examine each letter in sequence:
1. **s** - Not 'r'
2. **t** - Not 'r'
3. **r** - First 'r' found
4. **a** - Not 'r'
5. **w** - Not 'r'
6. **b** - Not 'r'
7. **e** - Not 'r'
8. **r** - Second 'r' found
9. **r** - Third 'r' found
10. **y** - Not 'r'
Counting these occurrences, there are **3** 'r's in "strawberry".
1.8s968 output tokens
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 Ultra v2
## What the error means
`TypeError: Cannot read properties of undefined (reading 'map')` means that when `UserList` rendered, `users` was `undefined`, and JavaScript can't read the `.map` property off `undefined`.
The important detail: **the bug isn't really in `UserList`** — that's just where it surfaces. Destructuring `function UserList({ users })` does *not* throw when the prop is missing; it silently gives you `undefined`. The crash is deferred to the first property access, which is `.map` on line 12.
So the real question is: why is `props.users` not an array?
## Why `users` is undefined
**1. Async data hasn't arrived yet — by far the most common cause.**
```jsx
const [users, setUs…
70.8s5286 output tokens
Mercury 2.5
This error occurs because the `users` prop is `undefined` when the component renders. Since the code calls `.map()` on `users`, JavaScript throws a TypeError when `users` is not an array.
Here is how to fix it:
1. **Set a Default Value**
Update the function signature to default `users` to an empty array if it is not provided:
```javascript
function UserList({ users = [] }) {
// ...
}
```
2. **Add a Conditional Check**
If `users` might be null or undefined during data loading, guard the map operation:
```javascript
{users && users.map(user => <li key={user.id}>{user.name}</li>)}
```
3. **Verify Parent Props**
Ensure the parent component pas…
2.4s1028 output tokens
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 Ultra v2
# Final Code Review: `get_data`
The function is compact and its intent is clear, but as written it will **fail silently in production**. Two defects dominate everything else:
1. The bare `except:` swallows every error — including `KeyboardInterrupt` and genuine logic bugs.
2. A total failure and a legitimately empty dataset both return `[]`, so callers cannot tell "the service is down" from "there are no active records."
Together these mean an outage looks exactly like a successful empty response. Everything else below is meaningful improvement; those two are the difference between code that fails loudly and code that fails invisibly.
---
## 1. Correctness and error handling
### 1.1 `e…
281.1s23317 output tokens
Mercury 2.5
Here is a review of the function with suggestions for improvement.
### Key Observations
1. **Imports:** Libraries should be imported at the module level, not inside functions.
2. **Exception Handling:** Bare `except:` clauses catch system exits and interrupts. Use specific exceptions like `requests.exceptions.RequestException`.
3. **Logic & Pythonicity:**
* Avoid `== True`; rely on truthiness or `item.get("active")`.
* List comprehensions are more concise and efficient than manual appending.
4. **Retry Strategy:** Implement exponential backoff instead of fixed sleeps, and avoid sleeping after the final failed attempt.
5. **Documentation:** Add type hints and a docstring fo…
4.6s1999 output tokens
Frequently asked questions
- Which is cheaper, Fugu Ultra v2 or Mercury 2.5?
- Per 1M output tokens, Fugu Ultra v2 is ¥5,361 and Mercury 2.5 is ¥26.81 on FastMetal (yen, before tax), so Mercury 2.5 is cheaper.
- How do the context windows of Fugu Ultra v2 and Mercury 2.5 compare?
- Fugu Ultra v2 takes 1,000,000 tokens; Mercury 2.5 takes 260,000.
- Can I use Fugu Ultra v2 and Mercury 2.5 with the same API key?
- Yes. On FastMetal's OpenAI-compatible endpoint, switch by passing "fugu-ultra-v2" or "mercury-2.5" 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 Ultra v2 and Mercury 2.5 from the browser chat and the API. No monthly fee.