Immutable (IMX) kimchi premium: Upbit & Bithumb vs Binance
How much more (or less) IMX 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 Upbit, IMX last traded at ₩150.00, which is $0.1102 at Upbit's ₩1,361.6 per USDT, against $0.1100 on Binance: a 0.15% premium. In other words, ₩1,000,000 spent on IMX on Upbit buys about ₩998,500 worth at Binance prices, so Korean buyers are paying up for it. That is below Upbit's volume-weighted premium of +0.63% across 120 coins, so IMX is cheaper in Korea than the typical coin. IMX ranks #20 of 138 by Korean 24h trading value (₩11.2B); on Bithumb its premium is -1.19%.
IMX on Upbit and Bithumb vs Binance
as of 15:51 UTC · premium vs USDT| Venue | KRW price | USD equivalent | Binance price | Premium | KRW 24h volume |
|---|---|---|---|---|---|
| Upbit | ₩150.00 | $0.1102 | $0.1100 | +0.15% | ₩10.4B |
| Bithumb | ₩148.00 | $0.1087 | $0.1100 | -1.19% | ₩807.1M |
USD equivalent = KRW price ÷ ₩1,361.6, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot IMX/USDT market. IMX is #20 of 138 coins by combined Upbit + Bithumb 24h volume (₩11.2B).
IMX kimchi premium history
Recording since 13 Nov 2026: the chart appears once 24 hourly points are stored (8 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.
IMX kimchi premium FAQ
What is the IMX kimchi premium today?
IMX trades at a 0.52% discount on Korean exchanges against Binance right now (Upbit +0.15%, Bithumb -1.19%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the IMX kimchi premium calculated?
The IMX KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,361.6 on Upbit now) and compared with the IMX price on Binance ($0.1100, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of IMX in the last 24 hours.
Can you arbitrage the IMX 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 IMX deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.