ELSA kimchi premium: Upbit & Bithumb vs Binance
How much more (or less) ELSA 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.
These figures are from 03:10 UTC, 6 minutes ago, and may be out of date; newer prices are loading. On Upbit, ELSA last traded at ₩85.900, which is $0.06382 at Upbit's ₩1,346 per USDT, against $0.06415 on Binance: a 0.52% discount. In other words, ₩1,000,000 spent on ELSA on Upbit buys about ₩1,005,200 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 +0.08% across 113 coins, so ELSA is cheaper in Korea than the typical coin. ELSA ranks #17 of 129 by Korean 24h trading value (₩12.7B); on Bithumb its premium is -0.71%.
Stale data. The figures below are from 03:10 UTC, 6 minutes ago. They refresh about once a minute once Upbit, Bithumb and the Binance feed answer.
ELSA on Upbit and Bithumb vs Binance
as of 03:10 UTC · premium vs USDT| Venue | KRW price | USD equivalent | Binance price | Premium | KRW 24h volume |
|---|---|---|---|---|---|
| Upbit | ₩85.900 | $0.06382 | $0.06415 perp | -0.52% | ₩10.0B |
| Bithumb | ₩85.730 | $0.06369 | $0.06415 perp | -0.71% | ₩2.7B |
USD equivalent = KRW price ÷ ₩1,346, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the USDT perpetual ELSA/USDT market. ELSA is #17 of 129 coins by combined Upbit + Bithumb 24h volume (₩12.7B).
ELSA kimchi premium history
Recording since Oct 19, 2026: the chart appears once 24 hourly points are stored (1 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.
ELSA kimchi premium FAQ
What is the ELSA kimchi premium today?
ELSA trades at a 0.61% discount on Korean exchanges against Binance right now (Upbit -0.52%, Bithumb -0.71%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the ELSA kimchi premium calculated?
The ELSA KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,346 on Upbit now) and compared with the ELSA price on Binance ($0.06415, USDT perpetual): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of ELSA in the last 24 hours.
Can you arbitrage the ELSA 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 ELSA deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.