BMT kimchi premium: Upbit & Bithumb vs Binance
How much more (or less) BMT 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, BMT last traded at ₩31.300, which is $0.02300 at Upbit's ₩1,360.6 per USDT, against $0.02315 on Binance: a 0.63% discount. In other words, ₩1,000,000 spent on BMT on Upbit buys about ₩1,006,300 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 +0.52% across 120 coins, so BMT is cheaper in Korea than the typical coin. BMT ranks #15 of 138 by Korean 24h trading value (₩14.8B); on Bithumb its premium is -0.76%.
BMT on Upbit and Bithumb vs Binance
as of 13:43 UTC · premium vs USDT| Venue | KRW price | USD equivalent | Binance price | Premium | KRW 24h volume |
|---|---|---|---|---|---|
| Upbit | ₩31.300 | $0.02300 | $0.02315 | -0.63% | ₩13.8B |
| Bithumb | ₩31.260 | $0.02298 | $0.02315 | -0.76% | ₩999.4M |
USD equivalent = KRW price ÷ ₩1,360.6, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot BMT/USDT market. BMT is #15 of 138 coins by combined Upbit + Bithumb 24h volume (₩14.8B).
BMT kimchi premium history
Hourly · Upbit and Bithumb vs Binance · since 24 Oct 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.
BMT kimchi premium FAQ
What is the BMT kimchi premium today?
BMT trades at a 0.69% discount on Korean exchanges against Binance right now (Upbit -0.63%, Bithumb -0.76%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the BMT kimchi premium calculated?
The BMT KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,360.6 on Upbit now) and compared with the BMT price on Binance ($0.02315, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of BMT in the last 24 hours.
Can you arbitrage the BMT 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 BMT deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.