IRYS Kimchi Premium Today: Upbit & Bithumb vs Binance

IRYS kimchi premium: Upbit & Bithumb vs Binance

How much more (or less) IRYS 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 Upbit, IRYS last traded at ₩22.200, which is $0.01638 at Upbit's ₩1,355 per USDT, against $0.01648 on Binance: a 0.58% discount. In other words, ₩1,000,000 spent on IRYS on Upbit buys about ₩1,005,900 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 186 coins, so IRYS is cheaper in Korea than the typical coin. IRYS ranks #41 of 210 by Korean 24h trading value (₩7.0B); on Bithumb its premium is -1.30%.

USDT = ₩1,355 (Upbit)#41 of 210 by KRW volumeSources: Upbit, Bithumb, BinanceAs of 11:24 UTC

IRYS premium vs Binance

-0.94%

average of 2 Korean venues

Upbit premium

-0.58%

₩22.200 · ₩6.2B 24h

Bithumb premium

-1.30%

₩22.040 · ₩808.8M 24h

USDT/KRW rate used

₩1,355

Upbit KRW-USDT market

IRYS on Upbit and Bithumb vs Binance

as of 11:24 UTC · premium vs USDT

Venue	KRW price	USD equivalent	Binance price	Premium	KRW 24h volume
Upbit	₩22.200	$0.01638	$0.01648 perp	-0.58%	₩6.2B
Bithumb	₩22.040	$0.01627	$0.01648 perp	-1.30%	₩808.8M

USD equivalent = KRW price ÷ ₩1,355, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the USDT perpetual IRYS/USDT market. IRYS is #41 of 210 coins by combined Upbit + Bithumb 24h volume (₩7.0B).

IRYS kimchi premium history

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

IRYS kimchi premium FAQ

What is the IRYS kimchi premium today?

IRYS trades at a 0.94% discount on Korean exchanges against Binance right now (Upbit -0.58%, Bithumb -1.30%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.

How is the IRYS kimchi premium calculated?

The IRYS KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,355 on Upbit now) and compared with the IRYS price on Binance ($0.01648, USDT perpetual): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of IRYS in the last 24 hours.

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