AXS kimchi premium: Upbit & Bithumb vs Binance
How much more (or less) AXS 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, AXS last traded at ₩1,676, which is $1.241 at Upbit's ₩1,350 per USDT, against $1.242 on Binance: a 0.04% discount. In other words, ₩1,000,000 spent on AXS on Upbit buys about ₩1,000,400 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 +0.09% across 162 coins, so AXS is cheaper in Korea than the typical coin. AXS ranks #18 of 192 by Korean 24h trading value (₩29.0B); on Bithumb its premium is -0.16%.
AXS on Upbit and Bithumb vs Binance
as of 13:26 UTC · premium vs USDT| Venue | KRW price | USD equivalent | Binance price | Premium | KRW 24h volume |
|---|---|---|---|---|---|
| Upbit | ₩1,676 | $1.241 | $1.242 | -0.04% | ₩26.9B |
| Bithumb | ₩1,674 | $1.240 | $1.242 | -0.16% | ₩2.1B |
USD equivalent = KRW price ÷ ₩1,350, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot AXS/USDT market. AXS is #18 of 192 coins by combined Upbit + Bithumb 24h volume (₩29.0B).
AXS kimchi premium history
Recording since Oct 2, 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.
AXS kimchi premium FAQ
What is the AXS kimchi premium today?
AXS trades at a 0.10% discount on Korean exchanges against Binance right now (Upbit -0.04%, Bithumb -0.16%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the AXS kimchi premium calculated?
The AXS KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,350 on Upbit now) and compared with the AXS price on Binance ($1.242, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of AXS in the last 24 hours.
Can you arbitrage the AXS 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 AXS deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.