Pepe (PEPE) kimchi premium: Upbit & Bithumb vs Binance
How much more (or less) PEPE 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, PEPE last traded at ₩0.005790, which is $0.0000042390 at Upbit's ₩1,365.9 per USDT, against $0.0000042500 on Binance: a 0.26% discount. In other words, ₩1,000,000 spent on PEPE on Upbit buys about ₩1,002,600 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 +0.16% across 108 coins, so PEPE is cheaper in Korea than the typical coin. PEPE ranks #17 of 128 by Korean 24h trading value (₩12.1B); on Bithumb its premium is -0.09%.
PEPE on Upbit and Bithumb vs Binance
as of 04:49 UTC · premium vs USDT| Venue | KRW price | USD equivalent | Binance price | Premium | KRW 24h volume |
|---|---|---|---|---|---|
| Upbit | ₩0.005790 | $0.0000042390 | $0.0000042500 | -0.26% | ₩6.9B |
| Bithumb | ₩0.005800 | $0.0000042463 | $0.0000042500 | -0.09% | ₩5.2B |
USD equivalent = KRW price ÷ ₩1,365.9, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot PEPE/USDT market. PEPE is #17 of 128 coins by combined Upbit + Bithumb 24h volume (₩12.1B).
PEPE kimchi premium history
Hourly · Upbit and Bithumb vs Binance · since 20 Oct 2026Loading chart…
Not recorded Chart: TradingView Lightweight Charts™
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.
PEPE kimchi premium FAQ
What is the PEPE kimchi premium today?
PEPE trades at a 0.17% discount on Korean exchanges against Binance right now (Upbit -0.26%, Bithumb -0.09%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the PEPE kimchi premium calculated?
The PEPE KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,365.9 on Upbit now) and compared with the PEPE price on Binance ($0.0000042500, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of PEPE in the last 24 hours.
Can you arbitrage the PEPE 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 PEPE deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.