Gate has added the perpetual contract KIMCHI/USDT. The announcement is dated October 22, 2026. Among the venues we cover the coin also trades on 2 more, and their prices are 2.56% apart.
Where it trades right now
The gap between venues
Cheapest on ourbit, dearest on MEXC, 2.56% apart. Those are quotes, not profit: two sets of fees, the transfer and slippage all come out of it.
What this coin is
KIMCHI.finance is a token trading under the ticker KIMCHI. The project is classified under "Decentralized Finance (DeFi)". It runs on Ethereum. The all-time high was $12.26, reached on September 1, 2020.
Contract address: 0x1e18821e69b9faa8e6e75dffe54e7e25754beda0. This is the only reliable way to confirm you are buying this coin rather than a namesake: tickers are not unique in crypto.
Deposits and withdrawals
Venues open trading before transfers more often than you would expect. What they state right now:
| Venue | Chain | Deposit | Withdrawal |
|---|---|---|---|
| Gate | Ethereum | closed | closed |
Note that withdrawals are closed on Gate. Until they open, the coin cannot leave — that matters more than any spread.
What matters here
The market is thin: total 24-hour volume across all venues is $115K. At that size an order of a couple of thousand dollars moves the price by itself, and your fill will be noticeably worse than the table suggests. Profit cannot be computed from quotes here; you have to look at the book.
On MEXC the gap between bid and ask is 2.39% — that is the venue's own book spread, not a spread between exchanges. Buying at the ask and selling at the bid loses that difference immediately. A book this wide is nearly empty, and the size shown in it is illusory.
Exchange announcement
The primary source, with dates and conditions: Gate ↗
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