ZKP kimchi premium: Upbit & Bithumb vs Binance
How much more (or less) ZKP 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, ZKP last traded at ₩74.100, which is $0.05485 at Upbit's ₩1,351 per USDT, against $0.05380 on Binance: a 1.95% premium. In other words, ₩1,000,000 spent on ZKP on Upbit buys about ₩980,900 worth at Binance prices, so Korean buyers are paying up for it. That is above Upbit's volume-weighted premium of +0.05% across 150 coins, so ZKP is richer in Korea than the typical coin. ZKP ranks #18 of 176 by Korean 24h trading value (₩19.8B); on Bithumb its premium is -0.07%.
ZKP on Upbit and Bithumb vs Binance
as of 03:17 UTC · premium vs USDT| Venue | KRW price | USD equivalent | Binance price | Premium | KRW 24h volume |
|---|---|---|---|---|---|
| Upbit | ₩74.100 | $0.05485 | $0.05380 | +1.95% | ₩18.6B |
| Bithumb | ₩72.630 | $0.05376 | $0.05380 | -0.07% | ₩1.2B |
USD equivalent = KRW price ÷ ₩1,351, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot ZKP/USDT market. ZKP is #18 of 176 coins by combined Upbit + Bithumb 24h volume (₩19.8B).
ZKP 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.
ZKP kimchi premium FAQ
What is the ZKP kimchi premium today?
ZKP trades at a 0.94% premium on Korean exchanges against Binance right now (Upbit +1.95%, Bithumb -0.07%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the ZKP kimchi premium calculated?
The ZKP KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,351 on Upbit now) and compared with the ZKP price on Binance ($0.05380, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of ZKP in the last 24 hours.
Can you arbitrage the ZKP 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 ZKP deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.