Job at a glance
Responsibilities Design perpetual contract funding rate mechanisms and billing frequency Develop futures contract settlement price methodology and anti-manipulation mechanisms Design options product pricing models and assess systemic risk Develop maximum leverage and position limit strategies based on market depth Design Auto-Deleveraging (ADL) trigger mechanisms and ranking rules Design insurance fund utilization and replenishment mechanisms Develop circuit breaker contingency plans for extreme market events Monitor Mark Price deviations to prevent unreasonable liquidations Collaborate with product teams on risk control admission criteria for new listings Investigate market violations including wash trading and pump-and-dump schemes Requirements Bachelor's degree or above in Finance, Mathematics, Statistics, Computer Science, or related fields 3+ years of derivatives-related experience in traditional finance or crypto exchanges Deep understanding of perpetual contract mechanics, including funding rates and liquidation logic Proficient in Python for data analysis, backtesting, and model validation Solid foundation in probability theory, statistics, and risk measurement methodologies (VaR, Expected Shortfall) Preferred Qualifications Familiarity with options pricing theory and volatility surface modeling Proficiency in SQL or Spark for querying internal and on-chain data About the Company Bybit is one of the world's leading cryptocurrency exchanges and digital financial platforms, serving over 80 million users across more than 200 countries and regions.