LSK kimchi premium: Upbit & Bithumb vs Binance
How much more (or less) LSK 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, LSK last traded at ₩274.00, which is $0.2027 at Upbit's ₩1,352 per USDT, against $0.2024 on Binance: a 0.13% premium. In other words, ₩1,000,000 spent on LSK on Upbit buys about ₩998,700 worth at Binance prices, so Korean buyers are paying up for it. That is in line with Upbit's volume-weighted premium of +0.10% across 109 coins. LSK ranks #17 of 129 by Korean 24h trading value (₩11.6B); on Bithumb its premium is -0.60%.
LSK on Upbit and Bithumb vs Binance
as of 17:10 UTC · premium vs USDT| Venue | KRW price | USD equivalent | Binance price | Premium | KRW 24h volume |
|---|---|---|---|---|---|
| Upbit | ₩274.00 | $0.2027 | $0.2024 | +0.13% | ₩8.8B |
| Bithumb | ₩272.00 | $0.2012 | $0.2024 | -0.60% | ₩2.8B |
USD equivalent = KRW price ÷ ₩1,352, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot LSK/USDT market. LSK is #17 of 129 coins by combined Upbit + Bithumb 24h volume (₩11.6B).
LSK kimchi premium history
Recording since Oct 17, 2026: the chart appears once 24 hourly points are stored (4 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.
LSK kimchi premium FAQ
What is the LSK kimchi premium today?
LSK trades at a 0.24% discount on Korean exchanges against Binance right now (Upbit +0.13%, Bithumb -0.60%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the LSK kimchi premium calculated?
The LSK KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,352 on Upbit now) and compared with the LSK price on Binance ($0.2024, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of LSK in the last 24 hours.
Can you arbitrage the LSK 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 LSK deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.