GRASS Kimchi Premium Today: Upbit & Bithumb vs Binance

GRASS kimchi premium: Upbit & Bithumb vs Binance

How much more (or less) GRASS 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 Bithumb, GRASS last traded at ₩920.00, which is $0.6785 at Upbit's ₩1,356 per USDT, against $0.6868 on Binance: a 1.21% discount. In other words, ₩1,000,000 spent on GRASS on Bithumb buys about ₩1,012,300 worth at Binance prices, so it is cheaper to buy in Korea than abroad right now. That is below Bithumb's volume-weighted premium of -0.11% across 89 coins, so GRASS is cheaper in Korea than the typical coin. GRASS ranks #72 of 209 by Korean 24h trading value (₩2.9B).

USDT = ₩1,356 (Upbit)#72 of 209 by KRW volumeSources: Upbit, Bithumb, BinanceAs of 10:47 UTC

GRASS premium vs Binance

-1.21%

average of 1 Korean venue

Upbit premium

—

under ₩500.0M 24h or not listed

Bithumb premium

-1.21%

₩920.00 · ₩2.9B 24h

USDT/KRW rate used

₩1,356

Upbit KRW-USDT market

GRASS on Upbit and Bithumb vs Binance

as of 10:47 UTC · premium vs USDT

Venue	KRW price	USD equivalent	Binance price	Premium	KRW 24h volume
Upbit	not shown: under ₩500.0M traded in 24 h, not listed, or excluded
Bithumb	₩920.00	$0.6785	$0.6868 perp	-1.21%	₩2.9B

USD equivalent = KRW price ÷ ₩1,356, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the USDT perpetual GRASS/USDT market. GRASS is #72 of 209 coins by combined Upbit + Bithumb 24h volume (₩2.9B).

GRASS kimchi premium history

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

GRASS kimchi premium FAQ

What is the GRASS kimchi premium today?

GRASS trades at a 1.21% discount on Korean exchanges against Binance right now (Bithumb -1.21%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.

How is the GRASS kimchi premium calculated?

The GRASS KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,356 on Upbit now) and compared with the GRASS price on Binance ($0.6868, USDT perpetual): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of GRASS in the last 24 hours.

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