GPT-5.1-Codex-Max vs Fugu Ultra v2
GPT-5.1-Codex-Max costs 3.0x less per output token than Fugu Ultra v2 ($10.00 vs $30.00 per million). Updated October 22, 2026; no benchmark has tested both models yet.
- Coding
- No data
- Overall
- No data
- Output $/M
- $10.00
- Coding
- No data
- Overall
- No data
- Output $/M
- $30.00
GPT-5.1-Codex-Max or Fugu Ultra v2: which to pick
Neither model has a coding score yet, so the two cannot be ranked on coding.
Pick GPT-5.1-Codex-Max for output tokens 3.0x cheaper ($10.00 vs $30.00 per million).
No benchmark has tested both yet. GPT-5.1-Codex-Max has results on LiveCodeBench (Vals AI), Vibe Code Bench (Vals AI) and Terminal-Bench; Fugu Ultra v2 has none yet. Compare them on price and context instead.
Which one for your work
Each card is decided by one number both models carry. Where only one has it, the card says so and makes no call.
Coding
Vibe Coding Index, six public coding benchmarks
No call
Neither has a coding score yet.
One side not measured
Long documents
Listed context window
Fugu Ultra v2
Fugu Ultra v2 takes 1M tokens against 400K.
Listed by OpenRouter
Everyday cost
1K input + 500 output tokens
GPT-5.1-Codex-Max
GPT-5.1-Codex-Max $0.0063, Fugu Ultra v2 $0.020 per turn.
List prices
At a glance
- Coding index
- GPT-5.1-Codex-Max not benchmarked, Fugu Ultra v2 not benchmarked.
- Widest category
- None yet: no category has been tested on both models.
- Widest single gap
- None yet: no benchmark has tested both models.
- Output price
- GPT-5.1-Codex-Max $10.00 against Fugu Ultra v2 $30.00 per million output tokens, 3.0x apart.
- Context window
- GPT-5.1-Codex-Max takes 400K tokens, Fugu Ultra v2 1M.
Benchmark by benchmark
Every board either model has a result on, a category to a fold; bars are each result on a 0 to 100 scale. Only one model is measured on each, so no row names a leader.
CodingDirectional onlySix of these boards feed the Vibe Coding Index4 boards measured
| Benchmark | GPT-5.1-Codex-Max | Fugu Ultra v2 | Leader |
|---|---|---|---|
| LiveCodeBench (Vals AI) | 83.6% | Not measured | Only GPT-5.1-Codex-Max measured |
| Vibe Code Bench (Vals AI) | 22.2% | Not measured | Only GPT-5.1-Codex-Max measured |
| Terminal-Bench | 60.4% | Not measured | Only GPT-5.1-Codex-Max measured |
| ALE-Bench | 1228.3 | Not measured | Only GPT-5.1-Codex-Max measured |
| Neither model has a result on the other 39 boards here | |||
Agentic workDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
| Benchmark | GPT-5.1-Codex-Max | Fugu Ultra v2 | Leader |
|---|---|---|---|
| METR time horizons | 70.8% | Not measured | Only GPT-5.1-Codex-Max measured |
| Neither model has a result on the other 41 boards here | |||
MathDirectional onlyPublic boards, shown as published, kept out of the index1 board measured
| Benchmark | GPT-5.1-Codex-Max | Fugu Ultra v2 | Leader |
|---|---|---|---|
| ProofBench | 9.0% | Not measured | Only GPT-5.1-Codex-Max measured |
| Neither model has a result on the other 13 boards here | |||
What each workload costs
Three fixed token mixes at each model's listed price, so per-token rates become a bill.
Chat turn
1K input + 500 output tokens
GPT-5.1-Codex-Max costs less
Repository review
50K input + 3K output tokens
GPT-5.1-Codex-Max costs less
Agent loop
200K input + 10K output tokens
GPT-5.1-Codex-Max costs less
Listed OpenRouter rates, without cache or batch discounts. A workload that does not fit a model's context window would need splitting.
Specification differences
The leading value in a row is marked; a row with a missing value names no leader. Our two rows are marked in red.
| Specification | OpenAI GPT-5.1-Codex-Max | Sakana Fugu Ultra v2 |
|---|---|---|
| Maker | OpenAI | Sakana |
| Weights | No public weights listed | No public weights listed |
| Released | December 4, 2025 | September 11, 2026 |
| Context window | 400K | 1M |
| Input $/Mtok | $1.25 | $5.00 |
| Output $/Mtok | $10.00 | $30.00 |
| Coding index | Not benchmarked | Not benchmarked |
| Independent measurements behind it | 1 | 0 |
| Cost per solved task | Not computable | Not computable |
| Source | OpenRouter listing | OpenRouter listing |
Questions
Is GPT-5.1-Codex-Max better than Fugu Ultra v2 for coding?
Neither model has a coding score yet, so the two cannot be ranked on coding. Pick GPT-5.1-Codex-Max for output tokens 3.0x cheaper ($10.00 vs $30.00 per million).
Which is cheaper, GPT-5.1-Codex-Max or Fugu Ultra v2?
GPT-5.1-Codex-Max costs $1.25 per million input tokens and $10.00 per million output tokens; Fugu Ultra v2 costs $5.00 and $30.00. Cost per solved task is known for neither of them.
Which has the bigger context window, GPT-5.1-Codex-Max or Fugu Ultra v2?
Fugu Ultra v2, with 1M tokens against 400K.
Has any benchmark tested both GPT-5.1-Codex-Max and Fugu Ultra v2?
No benchmark has tested both yet. GPT-5.1-Codex-Max has results on LiveCodeBench (Vals AI), Vibe Code Bench (Vals AI) and Terminal-Bench; Fugu Ultra v2 has none yet. Compare them on price and context instead. Data as of October 22, 2026.