LA kimchi premium: Upbit & Bithumb vs Binance
How much more (or less) LA 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, LA last traded at ₩95.400, which is $0.07004 at Upbit's ₩1,362 per USDT, against $0.06980 on Binance: a 0.35% premium. In other words, ₩1,000,000 spent on LA on Upbit buys about ₩996,500 worth at Binance prices, so Korean buyers are paying up for it. That is above Upbit's volume-weighted premium of -0.21% across 153 coins, so LA is richer in Korea than the typical coin. LA ranks #17 of 184 by Korean 24h trading value (₩22.5B); on Bithumb its premium is -0.28%.
LA on Upbit and Bithumb vs Binance
as of 04:46 UTC · premium vs USDT| Venue | KRW price | USD equivalent | Binance price | Premium | KRW 24h volume |
|---|---|---|---|---|---|
| Upbit | ₩95.400 | $0.07004 | $0.06980 | +0.35% | ₩20.9B |
| Bithumb | ₩94.800 | $0.06960 | $0.06980 | -0.28% | ₩1.6B |
USD equivalent = KRW price ÷ ₩1,362, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot LA/USDT market. LA is #17 of 184 coins by combined Upbit + Bithumb 24h volume (₩22.5B).
LA kimchi premium history
Recording since Oct 11, 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.
LA kimchi premium FAQ
What is the LA kimchi premium today?
LA trades at near parity (+0.03%) on Korean exchanges against Binance right now (Upbit +0.35%, Bithumb -0.28%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the LA kimchi premium calculated?
The LA KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,362 on Upbit now) and compared with the LA price on Binance ($0.06980, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of LA in the last 24 hours.
Can you arbitrage the LA 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 LA deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.