Practical guide · Large gaps

Five things to check when kimchi premium is high

Understand how deposit status, networks, order books, transfer time and currency costs affect large price differences.

GimpApp · Updated 2026-09-14

1. Are deposits and withdrawals available?

A higher Korean price is not immediately accessible if deposits are suspended. Maintenance, token migrations or planned delistings can restrict transfers and allow large gaps to persist. A quote on the dashboard does not establish transfer availability.

2. Is it the same asset on a compatible network?

The same symbol is not enough to confirm transfer compatibility. Check the supported networks, contract and address format at both exchanges. Assets such as XRP may also require a destination tag or memo.

3. Can the desired size trade at that price?

The last traded price is different from a quote for your order. A buy consumes asks; a sale consumes bids. Thin books can produce an average execution price far from the displayed last price. High 24-hour volume does not guarantee depth at your target price now.

4. Can prices move while funds are in transit?

Withdrawal approval, network confirmations and exchange crediting take time. Both markets and the currency rate can move during that interval. A simulation that holds today’s premium constant may differ materially from actual execution.

5. Have all costs and the funding route been included?

Trading fees are only part of the cost. Withdrawals, conversion and bank transfers may add more. Include the cost of returning funds to the starting market when assessing a repeatable result. Eligibility, exchange terms and any remittance or tax obligations depend on your situation.

A large premium is a price difference to investigate. Increase costs or lower the sale price in the calculator to see when the result turns negative. A positive result still does not establish that transfer and execution are possible.

Frequently asked questions

Is a very large premium always a data error?

No. Transfer restrictions and liquidity differences can create real gaps. Check quote freshness, asset identity and the executable order book in that order.

Can I trade through GimpApp?

GimpApp provides public price comparisons and calculations. It does not connect accounts or execute orders, transfers or automated trades.

Data sources and official references: Upbit · Bithumb · Binance · ExchangeRate-API