STRAX kimchi premium: Upbit & Bithumb vs Binance
How much more (or less) STRAX 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, STRAX last traded at ₩11.700, which is $0.008657 at Upbit's ₩1,351.5 per USDT, against $0.008530 on Binance: a 1.49% premium. In other words, ₩1,000,000 spent on STRAX on Upbit buys about ₩985,300 worth at Binance prices, so Korean buyers are paying up for it. That is above Upbit's volume-weighted premium of +0.42% across 110 coins, so STRAX is richer in Korea than the typical coin. STRAX ranks #125 of 126 by Korean 24h trading value (₩527.1M).
STRAX 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 | ₩11.700 | $0.008657 | $0.008530 | +1.49% | ₩527.1M |
| 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 spot STRAX/USDT market. STRAX is #125 of 126 coins by combined Upbit + Bithumb 24h volume (₩527.1M).
STRAX kimchi premium history
Recording since 29 Sep 2026 for the top 20 coins by Korean 24h volume plus BTC, ETH, XRP and SOL; STRAX 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.
STRAX kimchi premium FAQ
What is the STRAX kimchi premium today?
STRAX trades at a 1.49% premium on Korean exchanges against Binance right now (Upbit +1.49%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the STRAX kimchi premium calculated?
The STRAX 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 STRAX price on Binance ($0.008530, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of STRAX in the last 24 hours.
Can you arbitrage the STRAX 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 STRAX deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.