TRB Kimchi Premium Today: Upbit & Bithumb vs Binance

TRB kimchi premium: Upbit & Bithumb vs Binance

How much more (or less) TRB 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 Bithumb, TRB last traded at ₩26,680, which is $19.748 at Upbit's ₩1,351 per USDT, against $19.930 on Binance: a 0.91% discount. In other words, ₩1,000,000 spent on TRB on Bithumb buys about ₩1,009,200 worth at Binance prices, so it is cheaper to buy in Korea than abroad right now. That is below Bithumb's volume-weighted premium of -0.16% across 93 coins, so TRB is cheaper in Korea than the typical coin. TRB ranks #181 of 210 by Korean 24h trading value (₩694.0M).

USDT = ₩1,351 (Upbit)#181 of 210 by KRW volumeSources: Upbit, Bithumb, BinanceAs of 13:18 UTC

TRB premium vs Binance

-0.91%

average of 1 Korean venue

Upbit premium

—

under ₩500.0M 24h or not listed

Bithumb premium

-0.91%

₩26,680 · ₩694.0M 24h

USDT/KRW rate used

₩1,351

Upbit KRW-USDT market

TRB on Upbit and Bithumb vs Binance

as of 13:18 UTC · premium vs USDT

Venue	KRW price	USD equivalent	Binance price	Premium	KRW 24h volume
Upbit	not shown: under ₩500.0M traded in 24 h, not listed, or excluded
Bithumb	₩26,680	$19.748	$19.930	-0.91%	₩694.0M

USD equivalent = KRW price ÷ ₩1,351, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the spot TRB/USDT market. TRB is #181 of 210 coins by combined Upbit + Bithumb 24h volume (₩694.0M).

TRB kimchi premium history

Recording since Sep 29, 2026 for the top 20 coins by Korean 24h volume plus BTC, ETH, XRP and SOL; TRB 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.

TRB kimchi premium FAQ

What is the TRB kimchi premium today?

TRB trades at a 0.91% discount on Korean exchanges against Binance right now (Bithumb -0.91%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.

How is the TRB kimchi premium calculated?

The TRB KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,351 on Upbit now) and compared with the TRB price on Binance ($19.930, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of TRB in the last 24 hours.

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