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Fugu Ultra v2 vs Hy3

Hy3 costs 56.8x less per output token than Fugu Ultra v2 ($0.528 vs $30.00 per million). Updated October 23, 2026; no benchmark has tested both models yet.

Fugu Ultra v2Sakana
Coding
No data
Overall
No data
Output $/M
$30.00
Hy3Tencent
Coding
No data
Overall
No data
Output $/M
$0.528
vs $30.00 vs $0.528 per 1M output tokens. Hy3 is 56.8x cheaper.

Fugu Ultra v2 or Hy3: which to pick

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

Pick Fugu Ultra v2 for a larger context window (1M against 262K tokens).

No benchmark has tested both yet. Fugu Ultra v2 has none yet; Hy3 on LMArena WebDev, SciCode and ALE-Bench. 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.

At a glance

Coding index
Fugu Ultra v2 not benchmarked, Hy3 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
Fugu Ultra v2 $30.00 against Hy3 $0.528 per million output tokens, 56.8x apart.
Context window
Fugu Ultra v2 takes 1M tokens, Hy3 262K.

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 Index7 boards measured
Coding benchmarks for Fugu Ultra v2 and Hy3
BenchmarkFugu Ultra v2Hy3Leader
LMArena WebDevNot measured1506Only Hy3 measured
SciCodeNot measured48.6%Only Hy3 measured
ALE-BenchNot measured838.6Only Hy3 measured
LMArena Text: codingNot measured1466Only Hy3 measured
LMArena Text: software and ITNot measured1463Only Hy3 measured
LMArena WebDev: ReactNot measured1509Only Hy3 measured
LMArena WebDev: HTMLNot measured1486Only Hy3 measured
Neither model has a result on the other 36 boards here
ReasoningDirectional onlyPublic boards, shown as published, kept out of the index5 boards measured
Reasoning benchmarks for Fugu Ultra v2 and Hy3
BenchmarkFugu Ultra v2Hy3Leader
GPQA Diamond (Artificial Analysis run)Not measured89.7%Only Hy3 measured
Humanity's Last Exam (Artificial Analysis run)Not measured33.5%Only Hy3 measured
LMArena Text: hard promptsNot measured1448Only Hy3 measured
LMArena Text: expertNot measured1461Only Hy3 measured
LMArena Text: hard prompts in EnglishNot measured1454Only Hy3 measured
Neither model has a result on the other 18 boards here
MathDirectional onlyPublic boards, shown as published, kept out of the index2 boards measured
Math benchmarks for Fugu Ultra v2 and Hy3
BenchmarkFugu Ultra v2Hy3Leader
LMArena Text: mathNot measured1476Only Hy3 measured
LMArena Text: mathematical workNot measured1483Only Hy3 measured
Neither model has a result on the other 12 boards here
KnowledgeDirectional onlyPublic boards, shown as published, kept out of the index4 boards measured
Knowledge benchmarks for Fugu Ultra v2 and Hy3
BenchmarkFugu Ultra v2Hy3Leader
LMArena Text: scienceNot measured1457Only Hy3 measured
LMArena Text: medicine and healthcareNot measured1449Only Hy3 measured
LMArena Text: legal and governmentNot measured1422Only Hy3 measured
LMArena Text: business and financeNot measured1424Only Hy3 measured
Neither model has a result on the other 16 boards here
Web designDirectional onlyPublic boards, shown as published, kept out of the index8 boards measured
Web design benchmarks for Fugu Ultra v2 and Hy3
BenchmarkFugu Ultra v2Hy3Leader
Design Arena: websitesNot measured1230Only Hy3 measured
Design Arena: UI componentsNot measured1204Only Hy3 measured
Design Arena: game devNot measured1208Only Hy3 measured
Design Arena: data vizNot measured1165Only Hy3 measured
Design Arena: 3DNot measured1233Only Hy3 measured
Design Arena: all code categoriesNot measured1227Only Hy3 measured
Design Arena: SVGNot measured1201Only Hy3 measured
Design Arena: ASCII artNot measured1152Only Hy3 measured
Neither model has a result on the other 1 board here
GeneralDirectional onlyPublic boards, shown as published, kept out of the index18 boards measured
General benchmarks for Fugu Ultra v2 and Hy3
BenchmarkFugu Ultra v2Hy3Leader
Long context reasoning (AA-LCR)Not measured79.0%Only Hy3 measured
LMArena TextNot measured1438Only Hy3 measured
LMArena Text: instruction followingNot measured1427Only Hy3 measured
LMArena Text: creative writingNot measured1405Only Hy3 measured
LMArena Text: EnglishNot measured1447Only Hy3 measured
LMArena Text: non-EnglishNot measured1427Only Hy3 measured
LMArena Text: ChineseNot measured1483Only Hy3 measured
LMArena Text: GermanNot measured1444Only Hy3 measured
LMArena Text: JapaneseNot measured1393Only Hy3 measured
LMArena Text: KoreanNot measured1396Only Hy3 measured
LMArena Text: FrenchNot measured1450Only Hy3 measured
LMArena Text: SpanishNot measured1456Only Hy3 measured
LMArena Text: RussianNot measured1436Only Hy3 measured
LMArena Text: PolishNot measured1446Only Hy3 measured
LMArena Text: multi-turnNot measured1437Only Hy3 measured
LMArena Text: longer queriesNot measured1442Only Hy3 measured
LMArena Text: writing and languageNot measured1415Only Hy3 measured
LMArena Text: entertainment and mediaNot measured1401Only Hy3 measured
Neither model has a result on the other 30 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

Fugu Ultra v2$0.020Fits in one request
Hy3$0.0004Fits in one request

Hy3 costs less

Repository review

50K input + 3K output tokens

Fugu Ultra v2$0.340Fits in one request
Hy3$0.0082Fits in one request

Hy3 costs less

Agent loop

200K input + 10K output tokens

Fugu Ultra v2$1.30Fits in one request
Hy3$0.032Fits in one request

Hy3 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 Fugu Ultra v2 and Hy3
SpecificationSakana Fugu Ultra v2Tencent Hy3
MakerSakanaTencent
WeightsNo public weights listedOpen weights
ReleasedSeptember 11, 2026July 6, 2026
Context window1M262K
Input $/Mtok$5.00$0.132
Output $/Mtok$30.00$0.528
Coding indexNot benchmarkedNot benchmarked
Independent measurements behind it01
Cost per solved taskNot computableNot computable
SourceOpenRouter listingOpenRouter listing

Questions

Is Fugu Ultra v2 better than Hy3 for coding?

Neither model has a coding score yet, so the two cannot be ranked on coding. Pick Fugu Ultra v2 for a larger context window (1M against 262K tokens).

Which is cheaper, Fugu Ultra v2 or Hy3?

Fugu Ultra v2 costs $5.00 per million input tokens and $30.00 per million output tokens; Hy3 costs $0.132 and $0.528. Cost per solved task is known for neither of them.

Which has the bigger context window, Fugu Ultra v2 or Hy3?

Fugu Ultra v2, with 1M tokens against 262K.

Has any benchmark tested both Fugu Ultra v2 and Hy3?

No benchmark has tested both yet. Fugu Ultra v2 has none yet; Hy3 on LMArena WebDev, SciCode and ALE-Bench. Compare them on price and context instead. Data as of October 23, 2026.

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