Pick Fugu Max for cost-efficient multi-agent orchestration — undercuts claude sonnet 5 and kimi k3 on output cost by a claimed 40-60% or 1m-token context window at $2/$6 per million tokens. Pick Qwen 3.7 Max for long-horizon agentic coding (swe-bench pro 60.6, terminal-bench 2.0 69.7) or 1m-token long-document and full-codebase analysis. On a tight budget at scale, Fugu Max is the value pick.
Fugu Max (Sakana AI) and Qwen 3.7 Max (Alibaba) are two of the models people most often weigh against each other in 2026. Fugu Max is sakana AI's cost-first multi-agent orchestration model — not a single trained model, but a routed pool of models behind one API, priced at $2/$6 per million tokens. Qwen 3.7 Max is alibaba's agent-first frontier model — a 1M-token context and long-horizon coding at about half the cost of US flagships. Their biggest split is price, and the breakdown below shows exactly how that plays out for your workload.
Key differences
Price: nearly identical — $2/$6 per 1M tokens vs $2.5/$7.5 per 1M tokens. Cost will not be the deciding factor here.
Context window: both advertise 1M tokens (~1,500 pages). Tie on paper — test on your own long inputs, since usable recall varies by model.
Recency: Fugu Max is the newer model by about 4 months (released September 10, 2026), usually meaning fresher training data and capabilities.
Specifications
Spec
Fugu Max
Qwen 3.7 Max
Provider
Sakana AI (Global)
Alibaba (China)
Released
September 10, 2026
May 20, 2026
Context window
1M tokens (~1,500 pages)
1M (~1,500 pages)
Price (in/out)
$2/$6 per 1M tokens
$2.5/$7.5 per 1M tokens
Open weight?
No — API only
No — API only
Modalities
text
text, code
SWE-Bench Verified
Not published
Not published
MRCR v2 @ 1M
Not published
Not published
Who wins what
Cost-efficient multi-agent orchestration — undercuts Claude Sonnet 5 and Kimi K3 on output cost by a claimed 40-60%: Fugu Max — At $2/$6 per 1M tokens it undercuts Qwen 3.7 Max ($2.5/$7.5 per 1M tokens), and that gap compounds at volume.
1M-token context window at $2/$6 per million tokens: Fugu Max — Sakana AI's cost-first multi-agent orchestration model — not a single trained model, but a routed pool of models behind one API, priced at $2/$6 per million tokens — and it runs cheaper at $2/$6 per 1M tokens.
OpenAI-compatible API — drop-in replacement for single-model integrations: Fugu Max — Sakana AI's cost-first multi-agent orchestration model — not a single trained model, but a routed pool of models behind one API, priced at $2/$6 per million tokens — and it is the newer of the two.
Long-horizon agentic coding (SWE-Bench Pro 60.6, Terminal-Bench 2.0 69.7): Qwen 3.7 Max — Fugu Max is comparatively weak here — not a single trained model — Sakana describes Fugu as "a Multi-Agent System, Delivered as One Model" that routes tasks across a pool of other models, so raw benchmark comparisons to monolithic models can be misleading
1M-token long-document and full-codebase analysis: Qwen 3.7 Max — Qwen 3.7 Max lists 1M-token long-document and full-codebase analysis among its strengths; Fugu Max does not.
MCP tool orchestration and multi-hour autonomous runs: Qwen 3.7 Max — Qwen 3.7 Max lists mCP tool orchestration and multi-hour autonomous runs among its strengths; Fugu Max does not.
Lowest cost at scale: Fugu Max — At $2/$6 per 1M tokens, it is the cheaper of the two — the gap dominates the bill on high-volume workloads.
Which should you pick?
A cost-sensitive startup shipping high volume: Fugu Max — At $2/$6 per 1M tokens it undercuts Qwen 3.7 Max, and on millions of tokens that margin decides the monthly bill.
Anyone whose priority is cost-efficient multi-agent orchestration — undercuts claude sonnet 5 and kimi k3 on output cost by a claimed 40-60%: Fugu Max — It is specifically built for that.
Anyone whose priority is long-horizon agentic coding (swe-bench pro 60.6, terminal-bench 2.0 69.7): Qwen 3.7 Max — That is its strongest area.
Fugu Max: where it fits
Sakana AI's cost-first multi-agent orchestration model — not a single trained model, but a routed pool of models behind one API, priced at $2/$6 per million tokens. Released September 10, 2026 by Sakana AI, it is built for cost-efficient multi-agent orchestration — undercuts Claude Sonnet 5 and Kimi K3 on output cost by a claimed 40-60%, 1M-token context window at $2/$6 per million tokens, and openAI-compatible API — drop-in replacement for single-model integrations.
Its trade-offs are real: not a single trained model — Sakana describes Fugu as "a Multi-Agent System, Delivered as One Model" that routes tasks across a pool of other models, so raw benchmark comparisons to monolithic models can be misleading, the cheaper sibling to Fugu Ultra v2 — lower ceiling on the hardest reasoning tasks, and a young, first-generation product from Sakana AI's orchestration approach, unproven at scale versus established frontier labs. At $2 in / $6 out per million tokens, it sits in the mid price band.
Qwen 3.7 Max: where it fits
Alibaba's agent-first frontier model — a 1M-token context and long-horizon coding at about half the cost of US flagships. Released May 20, 2026 by Alibaba, it is built for long-horizon agentic coding (SWE-Bench Pro 60.6, Terminal-Bench 2.0 69.7), 1M-token long-document and full-codebase analysis, mCP tool orchestration and multi-hour autonomous runs, and frontier intelligence at roughly half the price of US flagships.
Its trade-offs: text-only — no vision input (the Plus variant adds images), closed-weight, API-only — no self-hosting, trails GPT-5.5 and Claude Opus on the hardest one-shot reasoning, and chinese-jurisdiction data-residency considerations. At $2.5 in / $7.5 out per million tokens, it sits in the mid price band.
The bottom line for this matchup
Fugu Max and Qwen 3.7 Max overlap enough that the right pick depends on your specific job. Fugu Max costs less per token; and each leads in its own area — Fugu Max for cost-efficient multi-agent orchestration — undercuts claude sonnet 5 and kimi k3 on output cost by a claimed 40-60%, Qwen 3.7 Max for long-horizon agentic coding (swe-bench pro 60.6, terminal-bench 2.0 69.7). Rather than crowning one, run the same hard task through both once and let the results decide.
Frequently asked questions
Is Fugu Max or Qwen 3.7 Max better for coding?
Public SWE-Bench figures are not available for either model, so the honest test is your own repository — run an identical real bug through both. By design, Fugu Max leans toward cost-efficient multi-agent orchestration — undercuts claude sonnet 5 and kimi k3 on output cost by a claimed 40-60% while Qwen 3.7 Max leans toward long-horizon agentic coding (swe-bench pro 60.6, terminal-bench 2.0 69.7), and that positioning usually predicts which feels better on your codebase.
Which is cheaper, Fugu Max or Qwen 3.7 Max?
Fugu Max is cheaper — $2/$6 per 1M tokens vs $2.5/$7.5 per 1M tokens, roughly 1.3× apart on input.
Which has the bigger context window?
Both advertise 1M tokens (~1,500 pages). Remember advertised ≠ usable: recall typically degrades before the ceiling.
Can I use both Fugu Max and Qwen 3.7 Max together?
Yes — a multi-model platform like LumiChats gives you Fugu Max, Qwen 3.7 Max and 40+ others under one ₹69/day pass (about $1/day), so you can draft with one and cross-check with the other instead of buying two subscriptions.
Which is newer, Fugu Max or Qwen 3.7 Max?
Fugu Max — released September 10, 2026, about 4 months after Qwen 3.7 Max.
Fugu Max vs Qwen 3.7 Max
Sakana AI · Global | Alibaba · China · Updated June 2026
Quick verdict
Pick Fugu Max for cost-efficient multi-agent orchestration — undercuts claude sonnet 5 and kimi k3 on output cost by a claimed 40-60% or 1m-token context window at $2/$6 per million tokens. Pick Qwen 3.7 Max for long-horizon agentic coding (swe-bench pro 60.6, terminal-bench 2.0 69.7) or 1m-token long-document and full-codebase analysis. On a tight budget at scale, Fugu Max is the value pick.
Fugu Max (Sakana AI) and Qwen 3.7 Max (Alibaba) are two of the models people most often weigh against each other in 2026. Fugu Max is sakana AI's cost-first multi-agent orchestration model — not a single trained model, but a routed pool of models behind one API, priced at $2/$6 per million tokens. Qwen 3.7 Max is alibaba's agent-first frontier model — a 1M-token context and long-horizon coding at about half the cost of US flagships. Their biggest split is price, and the breakdown below shows exactly how that plays out for your workload.
Key differences at a glance
▸Price: nearly identical — $2/$6 per 1M tokens vs $2.5/$7.5 per 1M tokens. Cost will not be the deciding factor here.
▸Context window: both advertise 1M tokens (~1,500 pages). Tie on paper — test on your own long inputs, since usable recall varies by model.
▸Recency: Fugu Max is the newer model by about 4 months (released September 10, 2026), usually meaning fresher training data and capabilities.
Side-by-side specs
Spec
Fugu Max
Qwen 3.7 Max
Provider
Sakana AI (Global)
Alibaba (China)
Released
September 10, 2026
May 20, 2026
Context window
1M tokens (~1,500 pages)
1M (~1,500 pages)
Price (in/out)
$2/$6 per 1M tokens
$2.5/$7.5 per 1M tokens
Open weight?
No — API only
No — API only
Modalities
text
text, code
SWE-Bench Verified
Not published
Not published
MRCR v2 @ 1M
Not published
Not published
Who wins what
Cost-efficient multi-agent orchestration — undercuts Claude Sonnet 5 and Kimi K3 on output cost by a claimed 40-60%
Fugu Max
At $2/$6 per 1M tokens it undercuts Qwen 3.7 Max ($2.5/$7.5 per 1M tokens), and that gap compounds at volume.
1M-token context window at $2/$6 per million tokens
Fugu Max
Sakana AI's cost-first multi-agent orchestration model — not a single trained model, but a routed pool of models behind one API, priced at $2/$6 per million tokens — and it runs cheaper at $2/$6 per 1M tokens.
OpenAI-compatible API — drop-in replacement for single-model integrations
Fugu Max
Sakana AI's cost-first multi-agent orchestration model — not a single trained model, but a routed pool of models behind one API, priced at $2/$6 per million tokens — and it is the newer of the two.
Long-horizon agentic coding (SWE-Bench Pro 60.6, Terminal-Bench 2.0 69.7)
Qwen 3.7 Max
Fugu Max is comparatively weak here — not a single trained model — Sakana describes Fugu as "a Multi-Agent System, Delivered as One Model" that routes tasks across a pool of other models, so raw benchmark comparisons to monolithic models can be misleading
1M-token long-document and full-codebase analysis
Qwen 3.7 Max
Qwen 3.7 Max lists 1M-token long-document and full-codebase analysis among its strengths; Fugu Max does not.
MCP tool orchestration and multi-hour autonomous runs
Qwen 3.7 Max
Qwen 3.7 Max lists mCP tool orchestration and multi-hour autonomous runs among its strengths; Fugu Max does not.
Lowest cost at scale
Fugu Max
At $2/$6 per 1M tokens, it is the cheaper of the two — the gap dominates the bill on high-volume workloads.
Which should you pick?
A cost-sensitive startup shipping high volume
→ Fugu Max
At $2/$6 per 1M tokens it undercuts Qwen 3.7 Max, and on millions of tokens that margin decides the monthly bill.
Anyone whose priority is cost-efficient multi-agent orchestration — undercuts claude sonnet 5 and kimi k3 on output cost by a claimed 40-60%
→ Fugu Max
It is specifically built for that.
Anyone whose priority is long-horizon agentic coding (swe-bench pro 60.6, terminal-bench 2.0 69.7)
→ Qwen 3.7 Max
That is its strongest area.
Fugu Max: where it fits
Sakana AI's cost-first multi-agent orchestration model — not a single trained model, but a routed pool of models behind one API, priced at $2/$6 per million tokens. Released September 10, 2026 by Sakana AI, it is built for cost-efficient multi-agent orchestration — undercuts Claude Sonnet 5 and Kimi K3 on output cost by a claimed 40-60%, 1M-token context window at $2/$6 per million tokens, and openAI-compatible API — drop-in replacement for single-model integrations.
Its trade-offs are real: not a single trained model — Sakana describes Fugu as "a Multi-Agent System, Delivered as One Model" that routes tasks across a pool of other models, so raw benchmark comparisons to monolithic models can be misleading, the cheaper sibling to Fugu Ultra v2 — lower ceiling on the hardest reasoning tasks, and a young, first-generation product from Sakana AI's orchestration approach, unproven at scale versus established frontier labs. At $2 in / $6 out per million tokens, it sits in the mid price band.
Qwen 3.7 Max: where it fits
Alibaba's agent-first frontier model — a 1M-token context and long-horizon coding at about half the cost of US flagships. Released May 20, 2026 by Alibaba, it is built for long-horizon agentic coding (SWE-Bench Pro 60.6, Terminal-Bench 2.0 69.7), 1M-token long-document and full-codebase analysis, mCP tool orchestration and multi-hour autonomous runs, and frontier intelligence at roughly half the price of US flagships.
Its trade-offs: text-only — no vision input (the Plus variant adds images), closed-weight, API-only — no self-hosting, trails GPT-5.5 and Claude Opus on the hardest one-shot reasoning, and chinese-jurisdiction data-residency considerations. At $2.5 in / $7.5 out per million tokens, it sits in the mid price band.
The bottom line for this matchup
Fugu Max and Qwen 3.7 Max overlap enough that the right pick depends on your specific job. Fugu Max costs less per token; and each leads in its own area — Fugu Max for cost-efficient multi-agent orchestration — undercuts claude sonnet 5 and kimi k3 on output cost by a claimed 40-60%, Qwen 3.7 Max for long-horizon agentic coding (swe-bench pro 60.6, terminal-bench 2.0 69.7). Rather than crowning one, run the same hard task through both once and let the results decide.
Want both Fugu Max and Qwen 3.7 Max without two subscriptions? LumiChats gives you these plus 40+ models under one ₹69/day pass (about $1/day) — draft with one, cross-check with the other.
Public SWE-Bench figures are not available for either model, so the honest test is your own repository — run an identical real bug through both. By design, Fugu Max leans toward cost-efficient multi-agent orchestration — undercuts claude sonnet 5 and kimi k3 on output cost by a claimed 40-60% while Qwen 3.7 Max leans toward long-horizon agentic coding (swe-bench pro 60.6, terminal-bench 2.0 69.7), and that positioning usually predicts which feels better on your codebase.
Which is cheaper, Fugu Max or Qwen 3.7 Max?
Fugu Max is cheaper — $2/$6 per 1M tokens vs $2.5/$7.5 per 1M tokens, roughly 1.3× apart on input.
Which has the bigger context window?
Both advertise 1M tokens (~1,500 pages). Remember advertised ≠ usable: recall typically degrades before the ceiling.
Can I use both Fugu Max and Qwen 3.7 Max together?
Yes — a multi-model platform like LumiChats gives you Fugu Max, Qwen 3.7 Max and 40+ others under one ₹69/day pass (about $1/day), so you can draft with one and cross-check with the other instead of buying two subscriptions.
Which is newer, Fugu Max or Qwen 3.7 Max?
Fugu Max — released September 10, 2026, about 4 months after Qwen 3.7 Max.
Specifications and benchmarks reflect publicly reported figures as of June 2026 and may change as providers release updates. Always verify on your own workload.