HAEDAL kimchi premium: Upbit & Bithumb vs Binance
How much more (or less) HAEDAL 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 Bithumb, HAEDAL last traded at ₩38.100, which is $0.02837 at Upbit's ₩1,343 per USDT, against $0.02866 on Binance: a 1.01% discount. In other words, ₩1,000,000 spent on HAEDAL on Bithumb buys about ₩1,010,200 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 -0.39% across 74 coins, so HAEDAL is cheaper in Korea than the typical coin. HAEDAL ranks #20 of 150 by Korean 24h trading value (₩11.7B).
HAEDAL on Upbit and Bithumb vs Binance
as of 05:32 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 | ₩38.100 | $0.02837 | $0.02866 | -1.01% | ₩11.7B |
USD equivalent = KRW price ÷ ₩1,343, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot HAEDAL/USDT market. HAEDAL is #20 of 150 coins by combined Upbit + Bithumb 24h volume (₩11.7B).
HAEDAL kimchi premium history
Recording since 27 Oct 2026: the chart appears once 24 hourly points are stored (5 so far).
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.
HAEDAL kimchi premium FAQ
What is the HAEDAL kimchi premium today?
HAEDAL trades at a 1.01% discount on Korean exchanges against Binance right now (Bithumb -1.01%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the HAEDAL kimchi premium calculated?
The HAEDAL KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,343 on Upbit now) and compared with the HAEDAL price on Binance ($0.02866, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of HAEDAL in the last 24 hours.
Can you arbitrage the HAEDAL 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 HAEDAL deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.