Question 1

What is the current Polkadot (DOT) kimchi premium?

Accepted Answer

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

Question 2

How is DOT Korea premium calculated?

Accepted Answer

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

Question 3

Why does Polkadot have a different price on Korean exchanges?

Accepted Answer

Polkadot 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 DOT between Upbit and Binance?

Accepted Answer

While the DOT 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.

Polkadot (DOT) Korea Premium

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