How much more (or less) ARX costs on the Korean exchanges Upbit and Bithumb than on Binance: the KRW price converted to USDT at the Korean USDT/KRW price, against the Binance USDT perpetual price. From the same snapshot as the kimchi premium table.
On Upbit, ARX last traded at ₩371.00, which is $0.2746 at Upbit's ₩1,351 per USDT, against $0.2753 on Binance: a 0.25% discount. In other words, ₩1,000,000 spent on ARX on Upbit buys about ₩1,002,500 worth at Binance prices, so it is cheaper to buy in Korea than abroad right now. That is below Upbit's volume-weighted premium of +0.30% across 186 coins, so ARX is cheaper in Korea than the typical coin. ARX ranks #20 of 211 by Korean 24h trading value (₩24.5B); on Bithumb its premium is -1.06%.
USDT = ₩1,351 (Upbit)#20 of 211 by KRW volumeSources: Upbit, Bithumb, BinanceAs of 12:45 UTC
ARX premium vs Binance
-0.65%
average of 2 Korean venues
Upbit premium
-0.25%
₩371.00 · ₩21.4B 24h
Bithumb premium
-1.06%
₩368.00 · ₩3.1B 24h
USDT/KRW rate used
₩1,351
Upbit KRW-USDT market
ARX on Upbit and Bithumb vs Binance
as of 12:45 UTC · premium vs USDT
Venue
KRW price
USD equivalent
Binance price
Premium
KRW 24h volume
Upbit
₩371.00
$0.2746
$0.2753 perp
-0.25%
₩21.4B
Bithumb
₩368.00
$0.2724
$0.2753 perp
-1.06%
₩3.1B
USD equivalent = KRW price ÷ ₩1,351, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the USDT perpetual ARX/USDT market. ARX is #20 of 211 coins by combined Upbit + Bithumb 24h volume (₩24.5B).
ARX kimchi premium history
Recording since Sep 29, 2026: the chart appears once 24 hourly points are stored (2 so far).
Data: Upbit and Bithumb public ticker APIs, and Binance prices from this site's live feed, refreshed about once a minute. Green means Korea pays more than Binance, red less. Every coin is on the kimchi premium table. Not financial advice.
ARX kimchi premium FAQ
What is the ARX kimchi premium today?
ARX trades at a 0.65% discount on Korean exchanges against Binance right now (Upbit -0.25%, Bithumb -1.06%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the ARX kimchi premium calculated?
The ARX KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,351 on Upbit now) and compared with the ARX price on Binance ($0.2753, USDT perpetual): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of ARX in the last 24 hours.
Can you arbitrage the ARX kimchi premium?
Not easily. Korean exchanges take won only from verified local bank accounts and South Korea limits moving won abroad, which is why the gap can last. Transfers take time, an exchange can suspend ARX deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.