Question 1

What is the current Polygon (POL) kimchi premium?

Accepted Answer

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

Question 2

How is POL Korea premium calculated?

Accepted Answer

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

Question 3

Why does Polygon have a different price on Korean exchanges?

Accepted Answer

Polygon 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 POL between Upbit and Binance?

Accepted Answer

While the POL 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.

Polygon (POL) Korea Premium

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