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Moondream 3 Preview vs Fugu Ultra v2

Moondream 3 Preview costs 12.0x less per output token than Fugu Ultra v2 ($2.50 vs $30.00 per million). Updated October 22, 2026; no benchmark has tested both models yet.

M Moondream 3 PreviewMoondream
Coding
No data
Overall
No data
Output $/M
$2.50
Fugu Ultra v2Sakana
Coding
No data
Overall
No data
Output $/M
$30.00
vs $2.50 vs $30.00 per 1M output tokens. Moondream 3 Preview is 12.0x cheaper.

Moondream 3 Preview or Fugu Ultra v2: which to pick

Neither model has a coding score yet, so the two cannot be ranked on coding.

Pick Moondream 3 Preview for output tokens 12.0x cheaper ($2.50 vs $30.00 per million).

No benchmark has tested either model yet, so price and context are the only way to compare them.

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.

At a glance

Coding index
Moondream 3 Preview 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
Moondream 3 Preview $2.50 against Fugu Ultra v2 $30.00 per million output tokens, 12.0x apart.
Context window
Moondream 3 Preview takes 32K 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.

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

Moondream 3 Preview$0.0015Fits in one request
Fugu Ultra v2$0.020Fits in one request

Moondream 3 Preview costs less

Repository review

50K input + 3K output tokens

Moondream 3 Preview$0.022Exceeds the context window
Fugu Ultra v2$0.340Fits in one request

Moondream 3 Preview costs less

Agent loop

200K input + 10K output tokens

Moondream 3 Preview$0.085Exceeds the context window
Fugu Ultra v2$1.30Fits in one request

Moondream 3 Preview 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.

Specifications of Moondream 3 Preview and Fugu Ultra v2
SpecificationMoondream 3 PreviewSakana Fugu Ultra v2
MakerMoondreamSakana
WeightsOpen weightsNo public weights listed
ReleasedOctober 15, 2026September 11, 2026
Context window32K1M
Input $/Mtok$0.30$5.00
Output $/Mtok$2.50$30.00
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it00
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is Moondream 3 Preview better than Fugu Ultra v2 for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick Moondream 3 Preview for output tokens 12.0x cheaper ($2.50 vs $30.00 per million).

Which is cheaper, Moondream 3 Preview or Fugu Ultra v2?

Moondream 3 Preview costs $0.30 per million input tokens and $2.50 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, Moondream 3 Preview or Fugu Ultra v2?

Fugu Ultra v2, with 1M tokens against 32K.

Has any benchmark tested both Moondream 3 Preview and Fugu Ultra v2?

No benchmark has tested either model yet, so price and context are the only way to compare them. Data as of October 22, 2026.

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