BIRB kimchi premium: Upbit & Bithumb vs Binance
How much more (or less) BIRB 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. The same snapshot and USDT/KRW rate as the kimchi premium table, refreshed every minute.
On Upbit, BIRB last traded at ₩87.300, which is $0.06561 at Upbit's ₩1,330.6 per USDT, against $0.06261 on Binance: a 4.79% premium. In other words, ₩1,000,000 spent on BIRB on Upbit buys about ₩954,300 worth at Binance prices, so Korean buyers are paying up for it. That is above Upbit's volume-weighted premium of +0.11% across 134 coins, so BIRB is richer in Korea than the typical coin. BIRB ranks #11 of 154 by Korean 24h trading value (₩39.4B); on Bithumb its premium is +2.01%.
BIRB on Upbit and Bithumb vs Binance
as of 06:32 UTC · premium vs USDT| Venue | KRW price | USD equivalent | Binance price | Premium | KRW 24h volume |
|---|---|---|---|---|---|
| Upbit | ₩87.300 | $0.06561 | $0.06261 perp | +4.79% | ₩32.7B |
| Bithumb | ₩84.980 | $0.06387 | $0.06261 perp | +2.01% | ₩6.8B |
USD equivalent = KRW price ÷ ₩1,330.6, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the USDT perpetual BIRB/USDT market. BIRB is #11 of 154 coins by combined Upbit + Bithumb 24h volume (₩39.4B).
BIRB kimchi premium history
Recording since Oct 21, 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.
BIRB kimchi premium FAQ
What is the BIRB kimchi premium today?
BIRB trades at a 3.40% premium on Korean exchanges against Binance right now (Upbit +4.79%, Bithumb +2.01%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the BIRB kimchi premium calculated?
The BIRB KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,330.6 on Upbit now) and compared with the BIRB price on Binance ($0.06261, USDT perpetual): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of BIRB in the last 24 hours.
Can you arbitrage the BIRB 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 BIRB deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.