Fugu Ultra v2 vs Kimi K3
Kimi K3 is 2.1× cheaper than Fugu Ultra v2 on a blended basis. Kimi K3 has the larger context window at 1.0M tokens.
Side by side
Green marks the better value in each row where a comparison is meaningful.
| Attribute | Fugu Ultra v2 | Kimi K3 |
|---|---|---|
| Provider | Sakana | Moonshot AI |
| Input / 1M tokens | $5.00 | $2.65 |
| Output / 1M tokens | $30.00 | $13.28 |
| Blended / 1M tokens | $11.25 | $5.31 |
| Cached input / 1M | $0.500 | $0.303 |
| Context window | 1M | 1.0M |
| Max output | 128K | 944K |
| Input modalities | text, image, file | text, image, video |
| Reasoning | Yes | Yes |
| Tool calling | Yes | Yes |
| Structured output | Yes | Yes |
| Prompt caching | Yes | Yes |
| Open weights | No | Yes |
| Knowledge cutoff | 2026-08-28 | - |
| Released | September 11, 2026 | July 16, 2026 |
Frequently asked
Is Fugu Ultra v2 or Kimi K3 cheaper?
Kimi K3 is 2.1× cheaper than Fugu Ultra v2 on a blended basis.
What is the price difference between Fugu Ultra v2 and Kimi K3?
Fugu Ultra v2 costs $5.00 per million input tokens and $30.00 per million output tokens. Kimi K3 costs $2.65 and $13.28 respectively.
Which has the larger context window, Fugu Ultra v2 or Kimi K3?
Kimi K3, at 1.0M tokens versus 1M.