Fugu Max vs Hy4

Price, context window & benchmark comparison

Sakana

Fugu Max

Sakana
$2.00 / $6.00
Input / Output · per 1M tokens
VS
Tencent

Hy4

Tencent
$0.42 / $1.25
Input / Output · per 1M tokens
Compare different models
Sakana
Tencent
Verdict: Hy4 is 4.8× cheaper than Fugu Max on a typical 3:1 input/output mix. Hy4 has the larger context window (1M vs 1M).
Fugu MaxHy4
Input price / 1M$2.00$0.42
Output price / 1M$6.00$1.25
Blended price (3:1)$3.00$0.63
Cached input / 1M$0.25$0.021
Context window1M1M
Max output128K66K
Intelligence index—34.6
Coding index——
Providers—1
Best provider uptime (30m)—100.0%
Vision inputYesYes
ReasoningYesYes
Tool callingYesYes
Released2026-09-112026-11-04
Retirement——

Cost calculator

FAQ

Which is cheaper, Fugu Max or Hy4?

Hy4 is 4.8× cheaper than Fugu Max on a typical 3:1 input/output mix.

Fugu Max vs Hy4: which has a bigger context window?

Fugu Max: 1,000,000 tokens. Hy4: 1,048,576 tokens.

How much would 1 million requests cost?

At 2,000 input + 500 output tokens per request: Fugu Max ≈ $7,000, Hy4 ≈ $1,459.

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