How much more (or less) AZTEC 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 USDT perpetual price. From the same snapshot as the kimchi premium table.
On Upbit, AZTEC last traded at ₩25.300, which is $0.01864 at Upbit's ₩1,357 per USDT, against $0.01873 on Binance: a 0.46% discount. In other words, ₩1,000,000 spent on AZTEC on Upbit buys about ₩1,004,600 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 +0.48% across 190 coins, so AZTEC is cheaper in Korea than the typical coin. AZTEC ranks #37 of 215 by Korean 24h trading value (₩8.8B); on Bithumb its premium is -1.09%.
USDT = ₩1,357 (Upbit)#37 of 215 by KRW volumeSources: Upbit, Bithumb, BinanceAs of 08:55 UTC
AZTEC premium vs Binance
-0.77%
average of 2 Korean venues
Upbit premium
-0.46%
₩25.300 · ₩7.2B 24h
Bithumb premium
-1.09%
₩25.140 · ₩1.7B 24h
USDT/KRW rate used
₩1,357
Upbit KRW-USDT market
AZTEC on Upbit and Bithumb vs Binance
as of 08:55 UTC · premium vs USDT
Venue
KRW price
USD equivalent
Binance price
Premium
KRW 24h volume
Upbit
₩25.300
$0.01864
$0.01873 perp
-0.46%
₩7.2B
Bithumb
₩25.140
$0.01853
$0.01873 perp
-1.09%
₩1.7B
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 USDT perpetual AZTEC/USDT market. AZTEC is #37 of 215 coins by combined Upbit + Bithumb 24h volume (₩8.8B).
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.
AZTEC kimchi premium FAQ
What is the AZTEC kimchi premium today?
AZTEC trades at a 0.77% discount on Korean exchanges against Binance right now (Upbit -0.46%, Bithumb -1.09%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the AZTEC kimchi premium calculated?
The AZTEC KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,357 on Upbit now) and compared with the AZTEC price on Binance ($0.01873, USDT perpetual): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of AZTEC in the last 24 hours.
Can you arbitrage the AZTEC 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 AZTEC deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.