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GRT kimchi premium: Upbit & Bithumb vs Binance

How much more (or less) GRT 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, GRT last traded at ₩41.400, which is $0.03053 at Upbit's ₩1,356 per USDT, against $0.03055 on Binance: a 0.06% discount. In other words, ₩1,000,000 spent on GRT on Upbit buys about ₩1,000,600 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 +0.41% across 185 coins, so GRT is cheaper in Korea than the typical coin. GRT ranks #67 of 209 by Korean 24h trading value (₩3.4B); on Bithumb its premium is -1.37%.

USDT = ₩1,356 (Upbit)#67 of 209 by KRW volumeSources: Upbit, Bithumb, BinanceAs of 10:52 UTC

GRT premium vs Binance
-0.71%
average of 2 Korean venues
Upbit premium
-0.06%
₩41.400 · ₩2.8B 24h
Bithumb premium
-1.37%
₩40.860 · ₩682.1M 24h
USDT/KRW rate used
₩1,356
Upbit KRW-USDT market

GRT on Upbit and Bithumb vs Binance

as of 10:52 UTC · premium vs USDT
Venue KRW price USD equivalent Binance price Premium KRW 24h volume
Upbit ₩41.400 $0.03053 $0.03055 -0.06% ₩2.8B
Bithumb ₩40.860 $0.03013 $0.03055 -1.37% ₩682.1M

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 spot GRT/USDT market. GRT is #67 of 209 coins by combined Upbit + Bithumb 24h volume (₩3.4B).

GRT kimchi premium history

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

GRT kimchi premium FAQ

What is the GRT kimchi premium today?

GRT trades at a 0.71% discount on Korean exchanges against Binance right now (Upbit -0.06%, Bithumb -1.37%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.

How is the GRT kimchi premium calculated?

The GRT KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,356 on Upbit now) and compared with the GRT price on Binance ($0.03055, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of GRT in the last 24 hours.

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