🔍 ETH Premium Snapshot
September 17, 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 |
|---|---|---|---|
| India | WazirX | 238,379 INR | +2.61% |
| Nigeria | Luno | 3,270,000 NGN | +1.78% |
| South Korea | Upbit | 3,327,000 KRW | +0.39% |
| Japan | bitFlyer | 377,769 JPY | +0.36% |
| Brazil | Mercado Bitcoin | 12,504 BRL | +0.34% |
| Mexico | Bitso | 41,703 MXN | +0.26% |
| Indonesia | Indodax | 42,913,000 IDR | +0.21% |
| Australia | CoinSpot | 3,409 AUD | +0.19% |
| USA | Coinbase | 2,418 USD | -0.07% |
Reading Today's Numbers
As of today, the widest positive gap for ETH is in India at +2.61% above Binance, while USA trades at the deepest discount (-0.07%). The total spread across tracked markets is 2.68 percentage points — a meaningful window for cross-market watchers.
ETH's Korean premium was +1.31% a week ago and is +0.39% now (-0.93pp week-over-week).
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's Korean premium was +1.31% a week ago and is +0.39% now (-0.93pp week-over-week).
Kimchi Premium Across Coins Today
How ETH compares with the rest of the board right now:
| Coin | Binance (USD) | Korea Premium | Widest Gap |
|---|---|---|---|
| BTC | $76,340.01 | +0.38% | +3.36% (India) |
| ETH | $2,419.39 | +0.39% | +2.61% (India) |
| XRP | $1.30 | +0.39% | +2.41% (India) |
| DOGE | $0.08 | +1.27% | +1.27% (South Korea) |
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: 2026-09-17 01:30Z. Real-time numbers on the live tracker.