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Comparison · 3 models · Updated Nov 2, 2026

Qwen3.8 Max Preview vs Fugu Max vs Kimi K2.7 Code Highspeed

Too close to call on our weighted score (Qwen3.8 Max Preview 46, Fugu Max 46, Kimi K2.7 Code Highspeed 40). The right pick depends on what you value most.

  1. Alibaba (Qwen)

    Qwen3.8 Max Preview

    Released Jul 19, 2026

    46/100
    • ECI—
    • Price$2.00 / $6.00
    • Context1M
  2. Sakana AI

    Fugu Max

    Released Sep 11, 2026New

    46/100
    • ECI—
    • Price$2.00 / $6.00
    • Context1M
  3. Moonshot AI

    Kimi K2.7 Code Highspeed

    Released Jun 12, 2026

    40/100
    • ECI—
    • Price$1.90 / $8.00
    • Context262K
01 — Verdict

Too close to call

It is close. Our weighted score puts them within a point (Qwen3.8 Max Preview 46/100, Fugu Max 46/100, Kimi K2.7 Code Highspeed 40/100), so choose by what matters most for your work: Qwen3.8 Max Preview on price. 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 priceQwen3.8 Max Preview and Fugu MaxQwen3.8 Max Preview $3.00 · Fugu Max $3.00 · Kimi K2.7 Code Highspeed $3.42 per 1M tokens (3:1 blend)
  • Longest contextQwen3.8 Max Preview and Fugu MaxQwen3.8 Max Preview 1,000,000 · Fugu Max 1,000,000 · Kimi K2.7 Code Highspeed 262,144 tokens
  • Widest inputsSame inputsQwen3.8 Max Preview: Text, Images, Video · Fugu Max: Text, Images, PDFs · Kimi K2.7 Code Highspeed: Text, Images, Video
  • Self-hostingKimi K2.7 Code HighspeedPublishes downloadable weights
How the score is built
MeasureWeightQwen3.8 Max PreviewFugu MaxKimi K2.7 Code Highspeed
Price50%262623
Inputs & features30%707070
Context window20%606037
Overall100%46/10046/10040/100

Left out because at least one model lacks the data: capability. The remaining weights were rescaled.

02 — Side by side

Every spec in one table

Highlighted cells lead their row. Dashes mean the data is not published.

Qwen3.8 Max Preview vs Fugu Max vs Kimi K2.7 Code Highspeed specifications side by side
SpecificationQwen3.8 Max PreviewAlibaba (Qwen)Fugu MaxSakana AIKimi K2.7 Code HighspeedMoonshot AI
Capability
Capabilities Index (ECI)———
ECI rank———
Price per million tokens
Input$2.00$2.00$1.90 (best)
Output$6.00 (best)$6.00 (best)$8.00
Cached input———
Blended (3:1)$3.00 (best)$3.00 (best)$3.42
Long-context rateSame rateSame rateSame rate
Price sourceMedian of 6 providersMedian of 9 providersMedian of 12 providers
Limits
Context window1,000,000 tokens (best)1,000,000 tokens (best)262,144 tokens
Max output131,072 tokens128,000 tokens262,144 tokens (best)
Inputs and features
TextYesYesYes
ImagesYesYesYes
PDFsNoYesNo
AudioNoNoNo
VideoYesNoYes
ReasoningYesYesYes
Tool callingYesYesYes
Structured outputNoNoNo
Availability
WeightsProprietaryProprietaryOpen
API model ID———
API providers6912 (best)
ReleasedJul 19, 2026Sep 11, 2026Jun 12, 2026
Knowledge cutoff——Jan 2025
03 — Cost

What would a month cost?

Enter your expected volume in millions of tokens. List prices only; caching and batch discounts would lower these.

  • Qwen3.8 Max Preview$32.00
  • Fugu Max$32.00
  • Kimi K2.7 Code Highspeed$35.00
04 — Questions

Which should you choose?

Which is better: Qwen3.8 Max Preview, Fugu Max or Kimi K2.7 Code Highspeed?

It is close. Our weighted score puts them within a point (Qwen3.8 Max Preview 46/100, Fugu Max 46/100, Kimi K2.7 Code Highspeed 40/100), so choose by what matters most for your work: Qwen3.8 Max Preview on price. 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, Qwen3.8 Max Preview, Fugu Max or Kimi K2.7 Code Highspeed?

Qwen3.8 Max Preview is cheaper at $2.00 input / $6.00 output per million tokens (median across 6 API providers). Fugu Max costs $2.00 input / $6.00 output per million tokens (median across 9 API providers); Kimi K2.7 Code Highspeed costs $1.90 input / $8.00 output per million tokens (median across 12 API providers). At a typical mix of three input tokens to one output token, that is $3.00 per million tokens for Qwen3.8 Max Preview versus $3.00 for Fugu Max (1× as much) and $3.42 for Kimi K2.7 Code Highspeed (1.1× as much).

Which scores higher on benchmarks?

There is no independent benchmark that covers all three models yet. Qwen3.8 Max Preview has not been scored yet, Fugu Max has not been scored yet and Kimi K2.7 Code Highspeed has not been scored yet.

Which is better for coding?

There are no published SWE-bench Verified results for Qwen3.8 Max Preview, Fugu Max and Kimi K2.7 Code Highspeed 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?

Qwen3.8 Max Preview and Fugu Max have the largest context windows (1,000,000 and 1,000,000 tokens), against 262,144 for Kimi K2.7 Code Highspeed. Maximum output per response: Qwen3.8 Max Preview up to 131,072, Fugu Max up to 128,000, Kimi K2.7 Code Highspeed up to 262,144 tokens.

Which can read images, PDFs, audio or video?

Qwen3.8 Max Preview accepts text, images and video; Fugu Max accepts text, images and PDFs; Kimi K2.7 Code Highspeed accepts text, images and video. They handle the same number of input types.

Are any of these open source?

Kimi K2.7 Code Highspeed publishes its weights and can be self-hosted; Qwen3.8 Max Preview and Fugu Max is proprietary.

Which is newer?

Fugu Max is the newest, released Sep 11, 2026. Qwen3.8 Max Preview came out Jul 19, 2026; Kimi K2.7 Code Highspeed came out Jun 12, 2026. Knowledge cutoff: Kimi K2.7 Code Highspeed Jan 2025.

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.