API cost decision in 10 seconds

NewFugu Max vs GLM Latest

Pick GLM Latest when budget and context both matter.

Page updated: 2026-09-12T05:08:16Z Data confirmed: 2026-09-12T06:08:18Z Prices normalized to USD per 1M tokens Sample workload: 1M input + 500K output

Budget verdict

Pick GLM Latest when budget and context both matter.

On the standard 1M input plus 500K output workload, GLM Latest is estimated at $2.3 vs $5 for Fugu Max, saving $2.7 (54% lower).

Cost-first pickGLM Latest

Context-first pickGLM Latest

Sample savings$2.754%

10x traffic gap$27.01

GLM Latest is cheaper on the standard workload and also has the larger context window. At 10x that traffic, the same price gap is about $27.01. Use the calculator below to replace the sample workload with your own token volume.

Cost sensitivity

Workload Sensitivity

Same prices, different token mixes.

GLM Latest stays cheaper across input-heavy, balanced, and output-heavy sample workloads.

Workload shape	Token mix	Better pick	Fugu Max	GLM Latest
Input-heavy / RAG	5M input + 500K output	GLM Latest	$13	$5.7
Balanced workload	1M input + 1M output	GLM Latest	$8	$3.75
Output-heavy chatbot	1M input + 5M output	GLM Latest	$32	$15.34

Cheaper input GLM Latest $2 vs $0.85 / 1M

GLM Latest is $1.15 cheaper per 1M input tokens (57.5% lower; 2.35x difference).

Cheaper output GLM Latest $6 vs $2.8985 / 1M

GLM Latest is $3.1 cheaper per 1M output tokens (51.7% lower; 2.07x difference).

Larger context GLM Latest 1M vs 1.31M

GLM Latest has 310.72K more context (1.31x larger).

Sample workload GLM Latest $5 vs $2.3

GLM Latest is $2.7 cheaper on the standard workload (54% lower).

Estimate your workload cost

Your Workload Cost

Prices are normalized to USD per 1M tokens.

Monthly input tokens Monthly output tokens

Fugu Max Calculating… Estimated API cost

GLM Latest Calculating… Estimated API cost

Cheaper for this workload Calculating… Difference: calculating…

This estimate uses normalized public API pricing per 1M tokens. It is a planning aid, not a billing quote. Verify provider pricing, limits, and terms before production use.

Quick Decision

Verdict

GLM Latest has the lower input price; GLM Latest has the lower output price; GLM Latest offers the larger context window. For the 1M input plus 500K output sample, GLM Latest is cheaper for the standard workload.

For a 1M input token plus 500K output token workload, the estimated API cost is $5 for Fugu Max and $2.3 for GLM Latest.

Best Fit

Choose Fugu Max when its provider, model quality, latency, or availability is more important than the numeric price/context winner.

Choose GLM Latest when you care most about lower input-token price, lower output-token price, and larger context window.

Decision Notes

On the standard 1M input plus 500K output workload, GLM Latest is estimated at $2.3 vs $5 for Fugu Max, saving $2.7 (54% lower).
GLM Latest is $2.7 cheaper on the standard workload (54% lower).
GLM Latest is $1.15 cheaper per 1M input tokens (57.5% lower; 2.35x difference).
GLM Latest is $3.1 cheaper per 1M output tokens (51.7% lower; 2.07x difference).
GLM Latest has 310.72K more context (1.31x larger).

Head-to-Head Specs

Feature	NewFugu Max (Sakana)	GLM Latest (Z.ai)
Input Price prompt tokens per 1M	$2	$0.85
Completion Price per 1M tokens	$6	$2.8985
Sample Workload Cost 1M input + 500K output	$5	$2.3
Context Window	1M	1.31M
Release Date	2026-09-11	2026-08-19

Use-Case Decision Matrix

Use case	Better pick	Why
Budget-constrained production	GLM Latest	On the standard 1M input plus 500K output workload, GLM Latest is estimated at $2.3 vs $5 for Fugu Max, saving $2.7 (54% lower).
High-volume input processing	GLM Latest	Lower prompt-token price matters most when prompts, retrieved passages, or documents dominate the bill.
Long responses and chatbots	GLM Latest	Lower output-token price matters most when assistants generate many completion tokens.
RAG or long-document work	GLM Latest	A larger context window leaves more room for retrieved passages, conversation history, or source files.

Related Alternatives

Same-provider lower-cost swaps

Sakana Namazu can replace Fugu Max when lower sample workload cost matters most: $2.95.
GLM 5.2 (free) can replace GLM Latest when lower sample workload cost matters most: $0.
GLM 4.5 Air (free) can replace GLM Latest when lower sample workload cost matters most: $0.
GLM 4 32B can replace GLM Latest when lower sample workload cost matters most: $0.15.

Larger context near this budget

Grok 4.20 Multi-Agent offers 2M context with $2.5 sample workload cost.
Grok 4.20 offers 2M context with $2.5 sample workload cost.

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Sakana catalog

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Z.ai catalog

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Fugu Max

Fugu Max is the cost-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 route...

GLM Latest

This model always redirects to the latest GLM model from Z.ai.