SOMI Kimchi Premium Today: Upbit & Bithumb vs Binance

SOMI kimchi premium: Upbit & Bithumb vs Binance

How much more (or less) SOMI 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. From the same snapshot as the kimchi premium table.

On Upbit, SOMI last traded at ₩302.00, which is $0.2221 at Upbit's ₩1,360 per USDT, against $0.2219 on Binance: a 0.07% premium. In other words, ₩1,000,000 spent on SOMI on Upbit buys about ₩999,300 worth at Binance prices, so Korean buyers are paying up for it. That is below Upbit's volume-weighted premium of +0.33% across 181 coins, so SOMI is cheaper in Korea than the typical coin. SOMI ranks #19 of 206 by Korean 24h trading value (₩20.3B); on Bithumb its premium is -0.92%.

USDT = ₩1,360 (Upbit)#19 of 206 by KRW volumeSources: Upbit, Bithumb, BinanceAs of 01:48 UTC

SOMI premium vs Binance

-0.43%

average of 2 Korean venues

Upbit premium

+0.07%

₩302.00 · ₩18.0B 24h

Bithumb premium

-0.92%

₩299.00 · ₩2.4B 24h

USDT/KRW rate used

₩1,360

Upbit KRW-USDT market

SOMI on Upbit and Bithumb vs Binance

as of 01:48 UTC · premium vs USDT

Venue	KRW price	USD equivalent	Binance price	Premium	KRW 24h volume
Upbit	₩302.00	$0.2221	$0.2219	+0.07%	₩18.0B
Bithumb	₩299.00	$0.2199	$0.2219	-0.92%	₩2.4B

USD equivalent = KRW price ÷ ₩1,360, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot SOMI/USDT market. SOMI is #19 of 206 coins by combined Upbit + Bithumb 24h volume (₩20.3B).

SOMI kimchi premium history

Recording since Oct 1, 2026: the chart appears once 24 hourly points are stored (3 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.

SOMI kimchi premium FAQ

What is the SOMI kimchi premium today?

SOMI trades at a 0.43% discount on Korean exchanges against Binance right now (Upbit +0.07%, Bithumb -0.92%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.

How is the SOMI kimchi premium calculated?

The SOMI KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,360 on Upbit now) and compared with the SOMI price on Binance ($0.2219, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of SOMI in the last 24 hours.

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