Question 1

What is the current Cosmos (ATOM) kimchi premium?

Accepted Answer

The Cosmos kimchi premium shows the price difference between ATOM on Korean exchanges (Upbit) vs global exchanges (Binance). This page tracks the real-time ATOM premium with auto-refresh every 15 seconds.

Question 2

How is ATOM Korea premium calculated?

Accepted Answer

ATOM Korea premium (%) = ((Upbit ATOM/KRW price) / (Binance ATOM/USDT price × USD/KRW exchange rate) - 1) × 100. A positive value means ATOM is more expensive on Korean exchanges.

Question 3

Why does Cosmos have a different price on Korean exchanges?

Accepted Answer

Cosmos prices on Korean exchanges like Upbit often differ from global prices due to strong domestic demand, capital movement restrictions, limited arbitrage opportunities, and the isolated nature of the Korean won (KRW) crypto market.

Question 4

Can I arbitrage ATOM between Upbit and Binance?

Accepted Answer

While the ATOM price difference exists, profitable arbitrage is difficult due to Korean capital controls, transfer times and fees, exchange withdrawal limits, and regulatory restrictions. The premium is better used as a market sentiment indicator.

Cosmos (ATOM) Korea Premium

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