USELESS Kimchi Premium Today: Upbit & Bithumb vs Binance

USELESS kimchi premium: Upbit & Bithumb vs Binance

How much more (or less) USELESS 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 USDT perpetual price. From the same snapshot as the kimchi premium table.

On Bithumb, USELESS last traded at ₩317.00, which is $0.2336 at Upbit's ₩1,357 per USDT, against $0.2314 on Binance: a 0.97% premium. In other words, ₩1,000,000 spent on USELESS on Bithumb buys about ₩990,400 worth at Binance prices, so Korean buyers are paying up for it. That is above Bithumb's volume-weighted premium of -0.26% across 91 coins, so USELESS is richer in Korea than the typical coin. USELESS ranks #187 of 214 by Korean 24h trading value (₩668.2M).

USDT = ₩1,357 (Upbit)#187 of 214 by KRW volumeSources: Upbit, Bithumb, BinanceAs of 08:52 UTC

USELESS premium vs Binance

+0.97%

average of 1 Korean venue

Upbit premium

—

under ₩500.0M 24h or not listed

Bithumb premium

+0.97%

₩317.00 · ₩668.2M 24h

USDT/KRW rate used

₩1,357

Upbit KRW-USDT market

USELESS on Upbit and Bithumb vs Binance

as of 08:52 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	₩317.00	$0.2336	$0.2314 perp	+0.97%	₩668.2M

USD equivalent = KRW price ÷ ₩1,357, Upbit's own KRW-USDT price, so the premium is vs USDT, not vs the bank dollar rate. Binance price: the USDT perpetual USELESS/USDT market. USELESS is #187 of 214 coins by combined Upbit + Bithumb 24h volume (₩668.2M).

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.

USELESS kimchi premium FAQ

What is the USELESS kimchi premium today?

USELESS trades at a 0.97% premium on Korean exchanges against Binance right now (Bithumb +0.97%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.

How is the USELESS kimchi premium calculated?

The USELESS KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,357 on Upbit now) and compared with the USELESS price on Binance ($0.2314, USDT perpetual): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of USELESS in the last 24 hours.

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