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AVAX kimchi premium: Upbit & Bithumb vs Binance

How much more (or less) AVAX 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 spot price. From the same snapshot as the kimchi premium table.

On Upbit, AVAX last traded at ₩15,860, which is $11.739 at Upbit's ₩1,351 per USDT, against $11.742 on Binance: a 0.02% discount. In other words, ₩1,000,000 spent on AVAX on Upbit buys about ₩1,000,200 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 +0.27% across 184 coins, so AVAX is cheaper in Korea than the typical coin. AVAX ranks #16 of 210 by Korean 24h trading value (₩35.2B); on Bithumb its premium is -0.02%.

USDT = ₩1,351 (Upbit)#16 of 210 by KRW volumeSources: Upbit, Bithumb, BinanceAs of 13:18 UTC

AVAX premium vs Binance
-0.02%
average of 2 Korean venues
Upbit premium
-0.02%
₩15,860 · ₩28.3B 24h
Bithumb premium
-0.02%
₩15,860 · ₩6.9B 24h
USDT/KRW rate used
₩1,351
Upbit KRW-USDT market

AVAX on Upbit and Bithumb vs Binance

as of 13:18 UTC · premium vs USDT
Venue KRW price USD equivalent Binance price Premium KRW 24h volume
Upbit ₩15,860 $11.739 $11.742 -0.02% ₩28.3B
Bithumb ₩15,860 $11.739 $11.742 -0.02% ₩6.9B

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 spot AVAX/USDT market. AVAX is #16 of 210 coins by combined Upbit + Bithumb 24h volume (₩35.2B).

AVAX kimchi premium history

Recording since Sep 29, 2026: the chart appears once 24 hourly points are stored (5 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.

AVAX kimchi premium FAQ

What is the AVAX kimchi premium today?

AVAX trades at a 0.02% discount on Korean exchanges against Binance right now (Upbit -0.02%, Bithumb -0.02%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.

How is the AVAX kimchi premium calculated?

The AVAX KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,351 on Upbit now) and compared with the AVAX price on Binance ($11.742, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of AVAX in the last 24 hours.

Can you arbitrage the AVAX 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 AVAX deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.