GTC Kimchi Premium Today: Upbit & Bithumb vs Binance

GTC kimchi premium: Upbit & Bithumb vs Binance

How much more (or less) GTC 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 Bithumb, GTC last traded at ₩200.00, which is $0.1475 at Upbit's ₩1,356 per USDT, against $0.1477 on Binance: a 0.15% discount. In other words, ₩1,000,000 spent on GTC on Bithumb buys about ₩1,001,500 worth at Binance prices, so it is cheaper to buy in Korea than abroad right now. That is above Bithumb's volume-weighted premium of -0.28% across 83 coins, so GTC is richer in Korea than the typical coin. GTC ranks #19 of 186 by Korean 24h trading value (₩18.4B).

USDT = ₩1,356 (Upbit)#19 of 186 by KRW volumeSources: Upbit, Bithumb, BinanceAs of 05:03 UTC

GTC premium vs Binance

-0.15%

average of 1 Korean venue

Upbit premium

—

under ₩500.0M 24h or not listed

Bithumb premium

-0.15%

₩200.00 · ₩18.4B 24h

USDT/KRW rate used

₩1,356

Upbit KRW-USDT market

GTC on Upbit and Bithumb vs Binance

as of 05:03 UTC · premium vs USDT

Venue	KRW price	USD equivalent	Binance price	Premium	KRW 24h volume
Upbit	not shown: under ₩500.0M traded in 24 h, not listed, or excluded
Bithumb	₩200.00	$0.1475	$0.1477	-0.15%	₩18.4B

USD equivalent = KRW price ÷ ₩1,356, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot GTC/USDT market. GTC is #19 of 186 coins by combined Upbit + Bithumb 24h volume (₩18.4B).

GTC kimchi premium history

Recording since Oct 2, 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.

GTC kimchi premium FAQ

What is the GTC kimchi premium today?

GTC trades at a 0.15% discount on Korean exchanges against Binance right now (Bithumb -0.15%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.

How is the GTC kimchi premium calculated?

The GTC KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,356 on Upbit now) and compared with the GTC price on Binance ($0.1477, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of GTC in the last 24 hours.

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