Home › Compare › Sakana: Fugu Max vs Sakana: Fugu Ultra v2

Sakana: Fugu Max vs Sakana: Fugu Ultra v2: API Pricing Compared

Comparing Sakana: Fugu Max and Sakana: Fugu Ultra v2: on combined input+output list price, Sakana: Fugu Max is cheaper at $8 vs $35 per 1M tokens — a difference of $27 (77%). Sakana: Fugu Max costs $2 in / $6 out with a 1,000,000-token context; Sakana: Fugu Ultra v2 costs $5 in / $30 out with a 1,000,000-token context.
Sakana: Fugu MaxSakana: Fugu Ultra v2
Input /1M$2$5
Output /1M$6$30
Cached input /1M$0.25$0.5
Context window1,000,0001,000,000
Max output tokens128,000128,000
Cost @ 10M in + 2M out / mo$32$110

Estimate your own workload in the cost calculator, or open the full pages for Sakana: Fugu Max and Sakana: Fugu Ultra v2.

Frequently asked questions

Which is cheaper, Sakana: Fugu Max or Sakana: Fugu Ultra v2?

Sakana: Fugu Max is cheaper on combined list price: $8 vs $35 per 1M tokens (input + output). At 10M input + 2M output tokens per month, Sakana: Fugu Max costs $32 and Sakana: Fugu Ultra v2 costs $110.

Which has the larger context window, Sakana: Fugu Max or Sakana: Fugu Ultra v2?

Sakana: Fugu Max has a context window of 1,000,000 tokens; Sakana: Fugu Ultra v2 has 1,000,000 tokens. The larger one is Sakana: Fugu Max.

Price snapshot October 21, 2026, refreshed daily.