CVC kimchi premium: Upbit & Bithumb vs Binance
How much more (or less) CVC 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. The same snapshot and USDT/KRW rate as the kimchi premium table, refreshed every minute.
On Upbit, CVC last traded at ₩32.800, which is $0.02444 at Upbit's ₩1,342.3 per USDT, against $0.02451 on Binance: a 0.30% discount. In other words, ₩1,000,000 spent on CVC on Upbit buys about ₩1,003,000 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 +0.34% across 118 coins, so CVC is cheaper in Korea than the typical coin. CVC ranks #17 of 130 by Korean 24h trading value (₩12.9B); on Bithumb its premium is -0.61%.
CVC on Upbit and Bithumb vs Binance
as of 08:39 UTC · premium vs USDT| Venue | KRW price | USD equivalent | Binance price | Premium | KRW 24h volume |
|---|---|---|---|---|---|
| Upbit | ₩32.800 | $0.02444 | $0.02451 | -0.30% | ₩11.0B |
| Bithumb | ₩32.700 | $0.02436 | $0.02451 | -0.61% | ₩1.9B |
USD equivalent = KRW price ÷ ₩1,342.3, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot CVC/USDT market. CVC is #17 of 130 coins by combined Upbit + Bithumb 24h volume (₩12.9B).
CVC kimchi premium history
Recording since 1 Nov 2026: the chart appears once 24 hourly points are stored (3 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.
CVC kimchi premium FAQ
What is the CVC kimchi premium today?
CVC trades at a 0.46% discount on Korean exchanges against Binance right now (Upbit -0.30%, Bithumb -0.61%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the CVC kimchi premium calculated?
The CVC KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,342.3 on Upbit now) and compared with the CVC price on Binance ($0.02451, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of CVC in the last 24 hours.
Can you arbitrage the CVC 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 CVC deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.