๐Ÿ“Š How to Read a Crypto Premium Tracker
Complete Beginner's Guide

March 2026 ยท 6 min read ยท Tutorial ยท Premium Tracker ยท Arbitrage

A crypto premium tracker shows you the price difference between a local exchange and a global benchmark (usually Binance). This seemingly simple number is one of the most powerful signals in crypto trading โ€” if you know how to read it.

What Does the Premium Percentage Mean?

The premium is calculated as:

Premium = (Local Price โˆ’ Binance Price) / Binance Price ร— 100%

Example: Upbit XRP = $2.06 | Binance XRP = $2.00
Premium = (2.06 โˆ’ 2.00) / 2.00 ร— 100 = +3.0%

Positive Premium (+%)

A positive premium means the local exchange price is higher than Binance. This is the classic "Kimchi Premium" situation.

Negative Premium (โˆ’%) โ€” "Reverse Premium"

A negative premium (called ์—ญํ”„ in Korean) means the local price is lower than Binance. This is rarer but equally exploitable.

How to Use the Premium as a Market Signal

Premium LevelMarket ReadingAction
+10% and risingLocal market overheatingPotential sell signal for local holders
+3% to +10%Active arbitrage windowArbitrage opportunity (if fast coin available)
-1% to +1%Markets alignedNo major signal
-3% and fallingLocal panic sellingPotential buy for long-term investors

Reading the CoinGapRadar Interface

  1. Select a country: Click any country button (KR, JP, IN, etc.) to see that exchange's premium vs. Binance.
  2. Select a coin: Switch between BTC, ETH, XRP, XLM, DOGE, TRX to compare premiums across assets.
  3. Use the "vs" comparison: Compare two local exchanges directly (e.g., Korea vs. Japan) to find cross-market opportunities.
  4. Check the ranking: The global ranking shows which country has the highest premium right now โ€” useful for spotting hot markets.
๐Ÿ’ก Key Insight: Premiums tend to be highest in countries with strict capital controls (South Korea, India) and lowest in countries with free capital flows (USA, Australia). The gap reflects how "closed" a market is.
๐Ÿ“ก Try the Live Premium Tracker โ†’