WAL Kimchi Premium Today: Upbit & Bithumb vs Binance

WAL kimchi premium: Upbit & Bithumb vs Binance

How much more (or less) WAL 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, WAL last traded at ₩46.000, which is $0.03392 at Upbit's ₩1,356 per USDT, against $0.03386 on Binance: a 0.19% premium. In other words, ₩1,000,000 spent on WAL on Upbit buys about ₩998,100 worth at Binance prices, so Korean buyers are paying up for it. That is below Upbit's volume-weighted premium of +0.49% across 186 coins, so WAL is cheaper in Korea than the typical coin. WAL ranks #204 of 211 by Korean 24h trading value (₩543.3M).

USDT = ₩1,356 (Upbit)#204 of 211 by KRW volumeSources: Upbit, Bithumb, BinanceAs of 09:29 UTC

WAL premium vs Binance

+0.19%

average of 1 Korean venue

Upbit premium

+0.19%

₩46.000 · ₩543.3M 24h

Bithumb premium

—

under ₩500.0M 24h or not listed

USDT/KRW rate used

₩1,356

Upbit KRW-USDT market

WAL on Upbit and Bithumb vs Binance

as of 09:29 UTC · premium vs USDT

Venue	KRW price	USD equivalent	Binance price	Premium	KRW 24h volume
Upbit	₩46.000	$0.03392	$0.03386	+0.19%	₩543.3M
Bithumb	not shown: under ₩500.0M traded in 24 h, not listed, or excluded

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 WAL/USDT market. WAL is #204 of 211 coins by combined Upbit + Bithumb 24h volume (₩543.3M).

WAL kimchi premium history

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

WAL kimchi premium FAQ

What is the WAL kimchi premium today?

WAL trades at a 0.19% premium on Korean exchanges against Binance right now (Upbit +0.19%). The figure refreshes about once a minute from the Upbit and Bithumb public tickers.

How is the WAL kimchi premium calculated?

The WAL KRW price on Upbit or Bithumb is divided by the Korean USDT price in won (₩1,356 on Upbit now) and compared with the WAL price on Binance ($0.03386, spot): premium = KRW price ÷ USDT/KRW ÷ Binance price − 1. A venue counts only when it traded at least ₩500.0M of WAL in the last 24 hours.

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