Question 1

What is the current Avalanche (AVAX) kimchi premium?

Accepted Answer

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

Question 2

How is AVAX Korea premium calculated?

Accepted Answer

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

Question 3

Why does Avalanche have a different price on Korean exchanges?

Accepted Answer

Avalanche 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 AVAX between Upbit and Binance?

Accepted Answer

While the AVAX 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.

Avalanche (AVAX) Korea Premium

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