How much more (or less) SOL 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 Upbit, SOL last traded at ₩161,900, which is $119.31 at Upbit's ₩1,357 per USDT, against $119.28 on Binance: a 0.02% premium. In other words, ₩1,000,000 spent on SOL on Upbit buys about ₩999,800 worth at Binance prices, so Korean buyers are paying up for it. That is below Upbit's volume-weighted premium of +0.48% across 189 coins, so SOL is cheaper in Korea than the typical coin. SOL ranks #13 of 213 by Korean 24h trading value (₩53.0B); on Bithumb its premium is +0.02%.
USDT = ₩1,357 (Upbit)#13 of 213 by KRW volumeSources: Upbit, Bithumb, BinanceAs of 08:11 UTC
SOL premium vs Binance
+0.02%
average of 2 Korean venues
Upbit premium
+0.02%
₩161,900 · ₩36.6B 24h
Bithumb premium
+0.02%
₩161,900 · ₩16.4B 24h
USDT/KRW rate used
₩1,357
Upbit KRW-USDT market
SOL on Upbit and Bithumb vs Binance
as of 08:11 UTC · premium vs USDT
Venue
KRW price
USD equivalent
Binance price
Premium
KRW 24h volume
Upbit
₩161,900
$119.31
$119.28
+0.02%
₩36.6B
Bithumb
₩161,900
$119.31
$119.28
+0.02%
₩16.4B
USD equivalent = KRW price ÷ ₩1,357, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot SOL/USDT market. SOL is #13 of 213 coins by combined Upbit + Bithumb 24h volume (₩53.0B).
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.
SOL kimchi premium FAQ
What is the SOL kimchi premium today?
SOL trades at a 0.02% premium on Korean exchanges against Binance right now (Upbit +0.02%, Bithumb +0.02%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the SOL kimchi premium calculated?
The SOL KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,357 on Upbit now) and compared with the SOL price on Binance ($119.28, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of SOL in the last 24 hours.
Can you arbitrage the SOL 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 SOL deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.