🔍 ETH Premium Snapshot
August 21, 2026
ETH premiums tend to track BTC closely, but decouple during staking-demand waves and L2 narrative runs.
ETH Premium by Country
| Market | Exchange | Local Price | vs Binance |
|---|---|---|---|
| Nigeria | Luno | 3,320,816 NGN | +2.80% |
| India | WazirX | 234,000 INR | +1.96% |
| Brazil | Mercado Bitcoin | 12,453 BRL | +0.13% |
| Japan | bitFlyer | 380,327 JPY | -0.07% |
| USA | Coinbase | 2,392 USD | -0.16% |
| Mexico | Bitso | 40,447 MXN | -0.47% |
| Australia | CoinSpot | 3,335 AUD | -0.95% |
| Indonesia | Indodax | 42,100,000 IDR | -1.06% |
| South Korea | Upbit | 3,298,000 KRW | -1.32% |
Reading Today's Numbers
As of today, the widest positive gap for ETH is in Nigeria at +2.80% above Binance, while South Korea trades at the deepest discount (-1.32%). The total spread across tracked markets is 4.12 percentage points — a meaningful window for cross-market watchers.
ETH ETH premiums tend to track BTC closely, but decouple during staking-demand waves and L2 narrative runs.
Premiums move with local demand, currency swings, and capital-flow friction. A positive premium means local buyers are paying up versus the global reference price; a discount usually signals softer local demand or an FX effect. None of this is financial advice — actually capturing a gap requires fees, transfer time, and withdrawal limits to cooperate.
ETH ETH premiums tend to track BTC closely, but decouple during staking-demand waves and L2 narrative runs.
Kimchi Premium Across Coins Today
How ETH compares with the rest of the board right now:
| Coin | Binance (USD) | Korea Premium | Widest Gap |
|---|---|---|---|
| BTC | $77,587.99 | -1.21% | +2.86% (Nigeria) |
| ETH | $2,396.31 | -1.32% | +2.80% (Nigeria) |
| XRP | $1.37 | -1.27% | +1.87% (Nigeria) |
| DOGE | $0.08 | -0.95% | +2.33% (India) |
Cross-coin divergence matters: when one coin's Korean premium runs far ahead of BTC's, it usually reflects coin-specific retail flow on Upbit rather than a broad market move. Persistent divergence is also the first thing arbitrage desks screen for.
How to Track These Gaps Yourself
- Live board: the CoinGapRadar tracker refreshes every few seconds across 9 countries.
- Premium math: (local USD-equivalent ÷ Binance USDT − 1) × 100 — FX rate matters as much as the crypto price.
- Execution reality: withdrawal limits, network transfer time, and KYC boundaries are why retail premiums persist at all. See our guide to profiting from price differences.
Method
Premium = (local USD-equivalent price ÷ Binance USDT price − 1) × 100, at current FX. Snapshot: 2026-08-21 08:38Z. Real-time numbers on the live tracker.