Fugu Max vs Fugu Ultra v2 vs Qwen3.8 2.4T A95B
Fugu Max comes out ahead, 46 to 33 and 31 on our weighted score.
- Our pick
Sakana AIFugu Max
46/100- ECI—
- Price$2.00 / $6.00
- Context1M
- Sakana AI
Fugu Ultra v2
33/100- ECI—
- Price$5.00 / $30.00
- Context1M
Alibaba (Qwen)Qwen3.8 2.4T A95B
31/100- ECI—
- Price$2.00 / $6.00
- Context262K
Fugu Max is our pick
Fugu Max is the better all-round choice, scoring 46/100 against Fugu Ultra v2 (33) and Qwen3.8 2.4T A95B (31). The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.
- CapabilityNot enough dataNo independent benchmark covers every model here yet
- Lowest priceFugu Max and Qwen3.8 2.4T A95BFugu Max $3.00 · Qwen3.8 2.4T A95B $3.00 · Fugu Ultra v2 $11.25 per 1M tokens (3:1 blend)
- Longest contextFugu Max and Fugu Ultra v2Fugu Max 1,000,000 · Fugu Ultra v2 1,000,000 · Qwen3.8 2.4T A95B 262,144 tokens
- Widest inputsFugu Max and Fugu Ultra v2Fugu Max: Text, Images, PDFs · Fugu Ultra v2: Text, Images, PDFs · Qwen3.8 2.4T A95B: Text
- Self-hostingQwen3.8 2.4T A95BPublishes downloadable weights (qwen3.8-max)
| Measure | Weight | Fugu Max | Fugu Ultra v2 | Qwen3.8 2.4T A95B |
|---|---|---|---|---|
| Price | 50% | 26 | 0 | 26 |
| Inputs & features | 30% | 70 | 70 | 35 |
| Context window | 20% | 60 | 60 | 37 |
| Overall | 100% | 46/100 | 33/100 | 31/100 |
Left out because at least one model lacks the data: capability. The remaining weights were rescaled.
Every spec in one table
Highlighted cells lead their row. Dashes mean the data is not published.
| Specification | Fugu MaxSakana AI | Fugu Ultra v2Sakana AI | Qwen3.8 2.4T A95BAlibaba (Qwen) |
|---|---|---|---|
| Capability | |||
| Capabilities Index (ECI) | — | — | — |
| ECI rank | — | — | — |
| Price per million tokens | |||
| Input | $2.00 (best) | $5.00 | $2.00 (best) |
| Output | $6.00 (best) | $30.00 | $6.00 (best) |
| Cached input | — | — | — |
| Blended (3:1) | $3.00 (best) | $11.25 | $3.00 (best) |
| Long-context rate | Same rate | Same rate | Same rate |
| Price source | Median of 9 providers | Median of 6 providers | Median of 23 providers |
| Limits | |||
| Context window | 1,000,000 tokens (best) | 1,000,000 tokens (best) | 262,144 tokens |
| Max output | 128,000 tokens | 128,000 tokens | 131,072 tokens (best) |
| Inputs and features | |||
| Text | Yes | Yes | Yes |
| Images | Yes | Yes | No |
| PDFs | Yes | Yes | No |
| Audio | No | No | No |
| Video | No | No | No |
| Reasoning | Yes | Yes | Yes |
| Tool calling | Yes | Yes | Yes |
| Structured output | No | No | No |
| Availability | |||
| Weights | Proprietary | Proprietary | Openqwen3.8-max |
| API model ID | — | — | — |
| API providers | 9 | 6 | 23 (best) |
| Released | Sep 11, 2026 | Sep 11, 2026 | Aug 12, 2026 |
| Knowledge cutoff | — | Aug 28, 2026 | — |
What would a month cost?
Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.
- Fugu Max$32.00
- Fugu Ultra v2$110.00
- Qwen3.8 2.4T A95B$32.00
Which should you choose?
Which is better: Fugu Max, Fugu Ultra v2 or Qwen3.8 2.4T A95B?
Fugu Max is the better all-round choice, scoring 46/100 against Fugu Ultra v2 (33) and Qwen3.8 2.4T A95B (31). The score weighs price 50%, inputs & features 30%, context window 20%. None of the shared benchmarks cover every model here yet, so capability is left out of this verdict.
Which is cheaper, Fugu Max, Fugu Ultra v2 or Qwen3.8 2.4T A95B?
Fugu Max is cheaper at $2.00 input / $6.00 output per million tokens (median across 9 API providers). Qwen3.8 2.4T A95B costs $2.00 input / $6.00 output per million tokens (median across 23 API providers); Fugu Ultra v2 costs $5.00 input / $30.00 output per million tokens (median across 6 API providers). At a typical mix of three input tokens to one output token, that is $3.00 per million tokens for Fugu Max versus $3.00 for Qwen3.8 2.4T A95B (1× as much) and $11.25 for Fugu Ultra v2 (3.8× as much).
Which scores higher on benchmarks?
There is no independent benchmark that covers all three models yet. Fugu Max has not been scored yet, Fugu Ultra v2 has not been scored yet and Qwen3.8 2.4T A95B has not been scored yet.
Which is better for coding?
There are no published SWE-bench Verified results for Fugu Max, Fugu Ultra v2 and Qwen3.8 2.4T A95B yet, so there is no like-for-like coding score. Test both on a sample of your own tasks. All three support tool calling for agent workflows.
Which has the bigger context window?
Fugu Max and Fugu Ultra v2 have the largest context windows (1,000,000 and 1,000,000 tokens), against 262,144 for Qwen3.8 2.4T A95B. Maximum output per response: Fugu Max up to 128,000, Fugu Ultra v2 up to 128,000, Qwen3.8 2.4T A95B up to 131,072 tokens.
Which can read images, PDFs, audio or video?
Fugu Max accepts text, images and PDFs; Fugu Ultra v2 accepts text, images and PDFs; Qwen3.8 2.4T A95B accepts text. Fugu Max handles the widest range of inputs.
Are any of these open source?
Qwen3.8 2.4T A95B publishes its weights (qwen3.8-max) and can be self-hosted; Fugu Max and Fugu Ultra v2 is proprietary.
Which is newer?
Fugu Max is the newest, released Sep 11, 2026. Fugu Ultra v2 came out Sep 11, 2026; Qwen3.8 2.4T A95B came out Aug 12, 2026. Knowledge cutoff: Fugu Ultra v2 Aug 28, 2026.
How do you decide the winner?
Each model gets a 0–100 score on capability (50%, independent benchmark results); price (25%, blended price per million tokens (3 input : 1 output), log scale); inputs & features (15%, image, PDF, audio and video input, tool calling, structured output and reasoning); context window (10%, maximum tokens per request, log scale). Dimensions missing for any model are dropped and the remaining weights rescaled, so every model is judged on the same evidence. Specs and prices come from public model listings and the labs’ own API pages; capability scores come from independent benchmark runs. Data updated Nov 2, 2026.
