How much more (or less) AAVE 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, AAVE last traded at ₩226,600, which is $167.23 at Upbit's ₩1,355 per USDT, against $167.22 on Binance: a 0.01% premium. In other words, ₩1,000,000 spent on AAVE on Upbit buys about ₩999,900 worth at Binance prices, so Korean buyers are paying up for it. That is below Upbit's volume-weighted premium of +0.51% across 186 coins, so AAVE is cheaper in Korea than the typical coin. AAVE ranks #30 of 211 by Korean 24h trading value (₩13.3B); on Bithumb its premium is -0.43%.
USDT = ₩1,355 (Upbit)#30 of 211 by KRW volumeSources: Upbit, Bithumb, BinanceAs of 09:31 UTC
AAVE premium vs Binance
-0.21%
average of 2 Korean venues
Upbit premium
+0.01%
₩226,600 · ₩12.2B 24h
Bithumb premium
-0.43%
₩225,600 · ₩1.1B 24h
USDT/KRW rate used
₩1,355
Upbit KRW-USDT market
AAVE on Upbit and Bithumb vs Binance
as of 09:31 UTC · premium vs USDT
Venue
KRW price
USD equivalent
Binance price
Premium
KRW 24h volume
Upbit
₩226,600
$167.23
$167.22
+0.01%
₩12.2B
Bithumb
₩225,600
$166.49
$167.22
-0.43%
₩1.1B
USD equivalent = KRW price ÷ ₩1,355, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot AAVE/USDT market. AAVE is #30 of 211 coins by combined Upbit + Bithumb 24h volume (₩13.3B).
AAVE kimchi premium history
Recording since Sep 29, 2026 for the top 20 coins by Korean 24h volume plus BTC, ETH, XRP and SOL; AAVE gets a chart after a day among them.
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.
AAVE kimchi premium FAQ
What is the AAVE kimchi premium today?
AAVE trades at a 0.21% discount on Korean exchanges against Binance right now (Upbit +0.01%, Bithumb -0.43%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the AAVE kimchi premium calculated?
The AAVE KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,355 on Upbit now) and compared with the AAVE price on Binance ($167.22, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of AAVE in the last 24 hours.
Can you arbitrage the AAVE 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 AAVE deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.