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ENSO kimchi premium: Upbit & Bithumb vs Binance

How much more (or less) ENSO 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, ENSO last traded at ₩1,355, which is $1.001 at Upbit's ₩1,353 per USDT, against $1.004 on Binance: a 0.25% discount. In other words, ₩1,000,000 spent on ENSO on Upbit buys about ₩1,002,500 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 +0.31% across 183 coins, so ENSO is cheaper in Korea than the typical coin. ENSO ranks #144 of 208 by Korean 24h trading value (₩1.1B).

USDT = ₩1,353 (Upbit)#144 of 208 by KRW volumeSources: Upbit, Bithumb, BinanceAs of 12:30 UTC

ENSO premium vs Binance
-0.25%
average of 1 Korean venue
Upbit premium
-0.25%
₩1,355 · ₩1.1B 24h
Bithumb premium
—
under ₩500.0M 24h or not listed
USDT/KRW rate used
₩1,353
Upbit KRW-USDT market

ENSO on Upbit and Bithumb vs Binance

as of 12:30 UTC · premium vs USDT
Venue KRW price USD equivalent Binance price Premium KRW 24h volume
Upbit ₩1,355 $1.001 $1.004 -0.25% ₩1.1B
Bithumb not shown: under ₩500.0M traded in 24 h, not listed, or excluded

USD equivalent = KRW price ÷ ₩1,353, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot ENSO/USDT market. ENSO is #144 of 208 coins by combined Upbit + Bithumb 24h volume (₩1.1B).

ENSO kimchi premium history

Recording since Sep 29, 2026 for the top 20 coins by Korean 24h volume plus BTC, ETH, XRP and SOL; ENSO 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.

ENSO kimchi premium FAQ

What is the ENSO kimchi premium today?

ENSO trades at a 0.25% discount on Korean exchanges against Binance right now (Upbit -0.25%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.

How is the ENSO kimchi premium calculated?

The ENSO KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,353 on Upbit now) and compared with the ENSO price on Binance ($1.004, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of ENSO in the last 24 hours.

Can you arbitrage the ENSO 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 ENSO deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.