GAS Kimchi Premium Today: Upbit & Bithumb vs Binance

GAS kimchi premium: Upbit & Bithumb vs Binance

How much more (or less) GAS 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, GAS last traded at ₩1,920, which is $1.415 at Upbit's ₩1,357 per USDT, against $1.415 on Binance: a 0.01% discount. In other words, ₩1,000,000 spent on GAS on Upbit buys about ₩1,000,100 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 +0.29% across 189 coins, so GAS is cheaper in Korea than the typical coin. GAS ranks #110 of 214 by Korean 24h trading value (₩1.6B).

USDT = ₩1,357 (Upbit)#110 of 214 by KRW volumeSources: Upbit, Bithumb, BinanceAs of 08:52 UTC

GAS premium vs Binance

-0.01%

average of 1 Korean venue

Upbit premium

-0.01%

₩1,920 · ₩1.6B 24h

Bithumb premium

—

under ₩500.0M 24h or not listed

USDT/KRW rate used

₩1,357

Upbit KRW-USDT market

GAS on Upbit and Bithumb vs Binance

as of 08:52 UTC · premium vs USDT

Venue	KRW price	USD equivalent	Binance price	Premium	KRW 24h volume
Upbit	₩1,920	$1.415	$1.415	-0.01%	₩1.6B
Bithumb	not shown: under ₩500.0M traded in 24 h, not listed, or excluded

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 spot GAS/USDT market. GAS is #110 of 214 coins by combined Upbit + Bithumb 24h volume (₩1.6B).

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.

GAS kimchi premium FAQ

What is the GAS kimchi premium today?

GAS trades at a 0.01% discount on Korean exchanges against Binance right now (Upbit -0.01%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.

How is the GAS kimchi premium calculated?

The GAS KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,357 on Upbit now) and compared with the GAS price on Binance ($1.415, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of GAS in the last 24 hours.

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