MOCA kimchi premium: Upbit & Bithumb vs Binance
How much more (or less) MOCA 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. The same snapshot and USDT/KRW rate as the kimchi premium table, refreshed every minute.
On Upbit, MOCA last traded at ₩9.350, which is $0.006918 at Upbit's ₩1,351.5 per USDT, against $0.006930 on Binance: a 0.17% discount. In other words, ₩1,000,000 spent on MOCA on Upbit buys about ₩1,001,700 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 +0.42% across 110 coins, so MOCA is cheaper in Korea than the typical coin. MOCA ranks #34 of 126 by Korean 24h trading value (₩4.7B).
MOCA on Upbit and Bithumb vs Binance
as of 13:35 UTC · premium vs USDT| Venue | KRW price | USD equivalent | Binance price | Premium | KRW 24h volume |
|---|---|---|---|---|---|
| Upbit | ₩9.350 | $0.006918 | $0.006930 perp | -0.17% | ₩4.7B |
| Bithumb | not shown: under ₩500.0M traded in 24 h, not listed, or excluded | ||||
USD equivalent = KRW price ÷ ₩1,351.5, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the USDT perpetual MOCA/USDT market. MOCA is #34 of 126 coins by combined Upbit + Bithumb 24h volume (₩4.7B).
MOCA kimchi premium history
Recording since 29 Sep 2026 for the top 20 coins by Korean 24h volume plus BTC, ETH, XRP and SOL; MOCA 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.
MOCA kimchi premium FAQ
What is the MOCA kimchi premium today?
MOCA trades at a 0.17% discount on Korean exchanges against Binance right now (Upbit -0.17%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the MOCA kimchi premium calculated?
The MOCA KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,351.5 on Upbit now) and compared with the MOCA price on Binance ($0.006930, USDT perpetual): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of MOCA in the last 24 hours.
Can you arbitrage the MOCA 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 MOCA deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.