SAFugu Ultra v2 Paid vs 
Mistral Medium 3.1 (batch) Paid
Fugu Ultra v2 vs Mistral Medium 3.1 (batch) compared — price per token, context window, multimodality, openness and which to choose. Full 2026 breakdown.
Fugu Ultra v2 — full profile › · Mistral Medium 3.1 (batch) — full profile ›
Prices & specs refreshed from live data · olud.ai
Open-model prices = cheapest provider via OpenRouter; official maker rates may be higher.
$30 /M outputManaged API (no infra to run)
$1 /M outputManaged API (no infra to run)
Fugu Ultra v2 vs Mistral Medium 3.1 (batch) specs
| Spec | Fugu Ultra v2 | Mistral Medium 3.1 (batch) | Winner |
|---|---|---|---|
| Maker | Sakana AI | Mistral AI | – |
| Type | Proprietary | Proprietary | – |
| Context window | 1M tokens | 131K tokens | SAFugu Ultra v2 |
| Input price | $5/M | $0.2/M | |
| Output price | $30/M | $1/M | |
| Vision / multimodal | Yes | Yes | = Tie |
| Tool / function calling | Yes | Yes | = Tie |
| Self-hostable | No (API only) | No (API only) | – |
| License | Proprietary | Proprietary | – |
Price gap & when to choose each
Mistral Medium 3.1 (batch) is ~30× cheaper than Fugu Ultra v2 on output tokens ($1 vs $30 per M tokens).
- You want frontier performance through a managed API
- You need the longer 1M context window
- You value reliability & ecosystem
- You don't want to manage infrastructure
- You want frontier performance through a managed API
- You want the lower output price
- You value reliability & ecosystem
- You don't want to manage infrastructure
Feature comparison
| Capability | Fugu Ultra v2 | Mistral Medium 3.1 (batch) |
|---|---|---|
| Open weights (downloadable) | ✗ | ✗ |
| Self-hostable | ✗ | ✗ |
| Runs fully offline | ✗ | ✗ |
| Vision / multimodal | ✓ | ✓ |
| Tool / function calling | ✓ | ✓ |
| 1M+ context window | ✓ | ✗ |
Benchmarks: Fugu Ultra v2 vs Mistral Medium 3.1 (batch)
Independent benchmark scores measured by Artificial Analysis. Higher is better (except latency).
Benchmark data by Artificial Analysis.
How Fugu Ultra v2 and Mistral Medium 3.1 (batch) score
| Criterion | Fugu Ultra v2 | Mistral Medium 3.1 (batch) |
|---|---|---|
| Cost-efficiency | 3.0 | 4.5 |
| Context window | 5.0 | 3.5 |
| Openness | 1.5 | 1.5 |
| Self-hosting | 1.0 | 1.0 |
| Multimodality | 5.0 | 5.0 |
Scores come from live data — output price (cost), context length, open vs closed weights (openness & self-hosting) and vision/tool support (multimodality). Raw task quality isn't scored here; it depends on your benchmark — see the verdict.
What each model is
Fugu Ultra v2 Paid
Fugu Ultra v2 is the higher-performance model in Sakana AI's Fugu family. Rather than a single monolithic model, Fugu is a learned multi-agent orchestration system: a language model trained to...
Mistral Medium 3.1 (batch) Paid
Mistral Medium 3.1 is an updated version of Mistral Medium 3, which is a high-performance enterprise-grade language model designed to deliver frontier-level capabilities at significantly reduced operational cost. It balances...
Frequently asked questions
Fugu Ultra v2 vs Mistral Medium 3.1 (batch) — which is cheaper?
Mistral Medium 3.1 (batch) is cheaper on output ($1/M vs $30/M).
Which has the larger context window?
Fugu Ultra v2 offers the larger context window (1M tokens).
Fugu Ultra v2 vs Mistral Medium 3.1 (batch) — which should I pick in 2026?
Choose Mistral Medium 3.1 (batch) for the lower output price ($1/M vs $30/M). Choose Fugu Ultra v2 if you need the larger 1M context window.
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