Insta360
Luna Ultra
Flagship dual-lens 3-axis gimbal camera with Leica Summicron 1-inch 8K main lens, 1/1.3-inch telephoto, detachable 2-inch OLED screen, 8K30 / 4K120 video, and 37MP UltraPhoto.
$770
Launch priceReleased Jun 2026
Z CAM
E2-M4
Compact MFT cinema box with 4K 120p, ZRAW, ProRes, and interchangeable MFT lenses.
$1,299
Launch priceReleased Jun 2023
Luna Ultra is 3 years newer.
Affiliate disclosure: As an Amazon Associate, Cameraegg earns from qualifying purchases. Cameraegg may also earn commission from B&H links, at no extra cost to you.
Wins
Luna Ultra
Wins
E2-M4
2 categories tied
Which would you choose?
TL;DR — Key differences
- BE2-M4 has higher ISO max (native) (25,600 vs 6,400)
- ALuna Ultra has higher Resolution (37 MP vs 10.28 MP)
- BE2-M4 has higher Card slots (2 vs 1)
- BE2-M4 has higher Max video bit rate (200 Mbps vs 120 Mbps)
- ALuna Ultra has lower Weight (233 g vs 370 g)
Key specs at a glance
Size and weight, to scale
📸 Snap this size diff to share
Luna Ultra
52 × 170 × 39 mm
233 g (0.51 lb / 8.22 oz)
Credit card
85.6 × 54 mm
for scale
E2-M4
91 × 66 × 72 mm
370 g (0.82 lb / 13.05 oz)
Luna Ultra is 39mm narrower and 34mm thinner than E2-M4 but it is also 104mm taller.
Luna Ultra is 137 g lighter than E2-M4.
Depth (front-to-back): 39mm Luna Ultra · 72mm E2-M4
Back view, to scale
Width × Height — same proportions as the front of the body.
Luna Ultra
52 × 170 mm
Credit card
85.6 × 54 mm
E2-M4
91 × 66 mm
Top view, to scale
Width × Depth (front-to-back) — see which body is chunkier on the table.
Luna Ultra
52 × 39 mm
Credit card
85.6 × 54 mm
E2-M4
91 × 72 mm
Sensor size, to scale
Luna Ultra
13.2 × 8.8 mm · 1-inch
116 mm² area
E2-M4
17.3 × 13 mm · Micro Four Thirds
225 mm² area
1.9× larger sensor area = shallower depth of field and better low-light performance.
Lens ecosystem
Native lens selection
Luna Ultra: mount data unavailable
E2-M4
✓ more lensesMicro Four Thirds
130+
native lenses available
Counts include current first-party and major third-party native autofocus lenses.
Use-case scoring
Which one for what?
Algorithmic scores from verified specs · 10 = best in class
Why pick one over the other
Reasons to choose
Luna Ultra
Codecs
Adds H.265
Dimensions (W×H×D mm)
Adds 52.4, 169.9, 38.5
Card types
Adds microSD
Resolution
37 MP vs 10.28 MP — higher is better
Weight
233 g vs 370 g — lower is better
IBIS effectiveness
8 stops vs 6 stops — higher is better
Reasons to choose
E2-M4
Subject recognition
Adds Human, Animal, Bird…
Codecs
Adds ZRAW, ProRes
Dimensions (W×H×D mm)
Adds 91, 66, 72
Card types
Adds SD UHS-II
ISO max (native)
25,600 vs 6,400 — higher is better
AA filter
Only E2-M4 supports it
Eye AF
Only E2-M4 supports it
Animal / bird AF
Only E2-M4 supports it
Both cameras share
- ✓ISO min (native) — Both 100
- ✓4K max frame rate — Both 120 fps
- ✓Touchscreen — Both support touchscreen
- ✓Wi-Fi — Both support wi-fi
- ✓Bluetooth — Both support bluetooth
Pros & cons at a glance
Editorially curated highlights and trade-offs.
Luna Ultra
Pros
- ✓Dual Leica lenses (1" + tele)
- ✓8K30 with 4K120 & 1080p240
- ✓Detachable 2" OLED screen
- ✓3-axis gimbal + Deep Track 5.0
Cons
- –Premium vs Pocket 3
- –No waterproofing
- –Tele reach capped at 240mm equiv
E2-M4
Pros
- ✓Tiny MFT cinema box
- ✓4K 120p
- ✓ZRAW internal
- ✓Affordable cinema entry
Cons
- –No screen
- –MFT sensor
- –Manual focus workflow
Decided which one is right for you?
Compare live prices for the Luna Ultra and E2-M4 at major authorized retailers.
Insta360 Luna Ultra
Z CAM E2-M4
Affiliate disclosure: As an Amazon Associate, Cameraegg earns from qualifying purchases. Cameraegg may also earn commission from B&H links, at no extra cost to you.
Full specifications
✓ = category winner
Frequently asked
Quick answers generated from verified specs.
Which is better for wildlife, Luna Ultra or E2-M4?
E2-M4 scores 8.0/10 versus 0.0/10 for Luna Ultra — Bird AF subject recognition.
What's the resolution difference between the Luna Ultra and E2-M4?
Luna Ultra is 37 MP and E2-M4 is 10.28 MP, so the Luna Ultra captures more detail for cropping and large prints.
Do the Luna Ultra and E2-M4 have in-body image stabilization?
Luna Ultra uses a 3-axis mechanical gimbal, while E2-M4 has 6-stop in-body image stabilization.
What's the weight difference between the Luna Ultra and E2-M4?
Luna Ultra weighs 233 g and E2-M4 weighs 370 g, so the Luna Ultra is 137 g lighter.
Do the Luna Ultra and E2-M4 record 4K video?
Luna Ultra: 8K (7680×4320) (max), 4K up to 120p. E2-M4: 4K up to 120p.
Are the Luna Ultra and E2-M4 weather sealed?
Luna Ultra: No. E2-M4: Yes.
How much does each cost?
Luna Ultra launched at $770 and E2-M4 at $1,299. The Luna Ultra is $529 less.
Can't decide between two? Compare a third camera.
Add any camera to get a three-way Luna Ultra vs E2-M4 vs X comparison.
Specs sourced from manufacturer data. Use-case scores algorithmically derived. Last reviewed October 2026.
Product images courtesy of Insta360 and Z CAM press materials.