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ETH Kimchi Premium (KRW vs US)

This indicator calculates and displays the Kimchi Premium of Ethereum (ETH) spot prices between a selected Korean exchange and a selected U.S. exchange.
The Kimchi Premium is defined as the percentage difference between the ETH price quoted in Korean Won (KRW) and the ETH price quoted in U.S. Dollars (USD),
converted using the current USD/KRW foreign exchange rate.
Formula:
Kimchi Premium (%) = ((ETH_KRW/USD_FX) - ETH_US) / ETH_US × 100
Features:
- Configurable Korean ETH/KRW symbol, U.S. ETH/USD symbol, and USD/KRW FX symbol
- Option to calculate on a custom timeframe independent of the chart timeframe
- EMA smoothing of the premium to reduce noise
- Raw premium and smoothed premium plot options
- Optional data table showing converted prices, FX rate, and premium values
- Alert condition when absolute premium exceeds a user-defined threshold
- Visual spike marker when threshold is crossed
Typical Use:
Traders use the Kimchi Premium as a sentiment and arbitrage indicator. A large positive premium often signals strong buying interest in Korea,
while a negative premium can indicate selling pressure or weaker demand compared to U.S. markets."
The Kimchi Premium is defined as the percentage difference between the ETH price quoted in Korean Won (KRW) and the ETH price quoted in U.S. Dollars (USD),
converted using the current USD/KRW foreign exchange rate.
Formula:
Kimchi Premium (%) = ((ETH_KRW/USD_FX) - ETH_US) / ETH_US × 100
Features:
- Configurable Korean ETH/KRW symbol, U.S. ETH/USD symbol, and USD/KRW FX symbol
- Option to calculate on a custom timeframe independent of the chart timeframe
- EMA smoothing of the premium to reduce noise
- Raw premium and smoothed premium plot options
- Optional data table showing converted prices, FX rate, and premium values
- Alert condition when absolute premium exceeds a user-defined threshold
- Visual spike marker when threshold is crossed
Typical Use:
Traders use the Kimchi Premium as a sentiment and arbitrage indicator. A large positive premium often signals strong buying interest in Korea,
while a negative premium can indicate selling pressure or weaker demand compared to U.S. markets."
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보호된 스크립트입니다
이 스크립트는 비공개 소스로 게시됩니다. 하지만 제한 없이 자유롭게 사용할 수 있습니다 — 여기에서 자세히 알아보기.
면책사항
이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.