How much more (or less) SYRUP 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, SYRUP last traded at ₩336.00, which is $0.2478 at Upbit's ₩1,356 per USDT, against $0.2476 on Binance: a 0.08% premium. In other words, ₩1,000,000 spent on SYRUP on Upbit buys about ₩999,200 worth at Binance prices, so Korean buyers are paying up for it. That is below Upbit's volume-weighted premium of +0.41% across 185 coins, so SYRUP is cheaper in Korea than the typical coin. SYRUP ranks #53 of 209 by Korean 24h trading value (₩4.9B); on Bithumb its premium is -0.82%.
USDT = ₩1,356 (Upbit)#53 of 209 by KRW volumeSources: Upbit, Bithumb, BinanceAs of 10:52 UTC
SYRUP premium vs Binance
-0.37%
average of 2 Korean venues
Upbit premium
+0.08%
₩336.00 · ₩4.2B 24h
Bithumb premium
-0.82%
₩333.00 · ₩755.1M 24h
USDT/KRW rate used
₩1,356
Upbit KRW-USDT market
SYRUP on Upbit and Bithumb vs Binance
as of 10:52 UTC · premium vs USDT
Venue
KRW price
USD equivalent
Binance price
Premium
KRW 24h volume
Upbit
₩336.00
$0.2478
$0.2476
+0.08%
₩4.2B
Bithumb
₩333.00
$0.2456
$0.2476
-0.82%
₩755.1M
USD equivalent = KRW price ÷ ₩1,356, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot SYRUP/USDT market. SYRUP is #53 of 209 coins by combined Upbit + Bithumb 24h volume (₩4.9B).
SYRUP kimchi premium history
Recording since Sep 29, 2026 for the top 20 coins by Korean 24h volume plus BTC, ETH, XRP and SOL; SYRUP 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.
SYRUP kimchi premium FAQ
What is the SYRUP kimchi premium today?
SYRUP trades at a 0.37% discount on Korean exchanges against Binance right now (Upbit +0.08%, Bithumb -0.82%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.
How is the SYRUP kimchi premium calculated?
The SYRUP KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,356 on Upbit now) and compared with the SYRUP price on Binance ($0.2476, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of SYRUP in the last 24 hours.
Can you arbitrage the SYRUP 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 SYRUP deposits or withdrawals, and the premium can close before a transfer lands. Nothing here is financial advice.