VIRTUAL kimchi premium: Upbit & Bithumb vs Binance
How much more (or less) VIRTUAL 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, VIRTUAL last traded at ₩1,176, which is $0.8685 at Upbit's ₩1,354 per USDT, against $0.8698 on Binance: a 0.15% discount. In other words, ₩1,000,000 spent on VIRTUAL on Upbit buys about ₩1,001,500 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 +0.12% across 166 coins, so VIRTUAL is cheaper in Korea than the typical coin. VIRTUAL ranks #20 of 191 by Korean 24h trading value (₩20.2B); on Bithumb its premium is -0.23%.
VIRTUAL on Upbit and Bithumb vs Binance
as of 06:23 UTC · premium vs USDT| Venue | KRW price | USD equivalent | Binance price | Premium | KRW 24h volume |
|---|---|---|---|---|---|
| Upbit | ₩1,176 | $0.8685 | $0.8698 | -0.15% | ₩11.6B |
| Bithumb | ₩1,175 | $0.8678 | $0.8698 | -0.23% | ₩8.6B |
USD equivalent = KRW price ÷ ₩1,354, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot VIRTUAL/USDT market. VIRTUAL is #20 of 191 coins by combined Upbit + Bithumb 24h volume (₩20.2B).
VIRTUAL kimchi premium history
Recording since Oct 5, 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.
VIRTUAL kimchi premium FAQ
What is the VIRTUAL kimchi premium today?
VIRTUAL trades at a 0.19% discount on Korean exchanges against Binance right now (Upbit -0.15%, Bithumb -0.23%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the VIRTUAL kimchi premium calculated?
The VIRTUAL KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,354 on Upbit now) and compared with the VIRTUAL price on Binance ($0.8698, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of VIRTUAL in the last 24 hours.
Can you arbitrage the VIRTUAL 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 VIRTUAL deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.