Avalanche (AVAX) kimchi premium: Upbit & Bithumb vs Binance
How much more (or less) AVAX 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, AVAX last traded at ₩10,000, which is $7.257 at Upbit's ₩1,378 per USDT, against $7.279 on Binance: a 0.30% discount. In other words, ₩1,000,000 spent on AVAX on Upbit buys about ₩1,003,000 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 +0.80% across 138 coins, so AVAX is cheaper in Korea than the typical coin. AVAX ranks #20 of 160 by Korean 24h trading value (₩14.5B); on Bithumb its premium is -0.55%.
AVAX on Upbit and Bithumb vs Binance
as of 09:43 UTC · premium vs USDT| Venue | KRW price | USD equivalent | Binance price | Premium | KRW 24h volume |
|---|---|---|---|---|---|
| Upbit | ₩10,000 | $7.257 | $7.279 | -0.30% | ₩12.1B |
| Bithumb | ₩9,975 | $7.239 | $7.279 | -0.55% | ₩2.4B |
USD equivalent = KRW price ÷ ₩1,378, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot AVAX/USDT market. AVAX is #20 of 160 coins by combined Upbit + Bithumb 24h volume (₩14.5B).
AVAX kimchi premium history
Hourly · Upbit and Bithumb vs Binance · since 29 Sep 2026Loading chart…
Not recorded Chart: TradingView Lightweight Charts™
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.
AVAX kimchi premium FAQ
What is the AVAX kimchi premium today?
AVAX trades at a 0.43% discount on Korean exchanges against Binance right now (Upbit -0.30%, Bithumb -0.55%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the AVAX kimchi premium calculated?
The AVAX KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,378 on Upbit now) and compared with the AVAX price on Binance ($7.279, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of AVAX in the last 24 hours.
Can you arbitrage the AVAX 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 AVAX deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.