Principal Product Expert (Perpetual)

Note: This role will need to work in Abu Dhabi or MalaysiaAbout UsEstablished in March 2018, Bybit is one of the fastest growing cryptocurrency derivatives exchanges, with more than 70 million registered users. We offer a professional platform where crypto traders can find an ultra-fast matching engine, excellent customer service and multilingual community support. We provide innovative online spot and derivatives trading services, mining and staking products, as well as API support, to retail and institutional clients around the world, and strive to be the most reliable exchange for the emerging digital asset class.Our core values define us. We listen, care, and improve to create a faster, fairer, and more humane trading environment for our users. Our innovative, highly advanced, user-friendly platform has been designed from the ground-up using best-in-class infrastructure to provide our users with the industry's safest, fastest, fairest, and most transparent trading experience. Built on customer-centric values, we endeavour to provide a professional, 24/7 multi-language customer support to help in a timely manner.As of today, Bybit is one of the most trusted, reliable, and transparent cryptocurrency derivatives platforms in the space.Core ResponsibilitiesReal-time calculation of currency-based/stablecoin-based margin occupancy, proficient in combined margin algorithms (SPAN/TIMS systems)Proficient in derivatives liquidation and liquidation processes, and relevant experience in position concentration heat maps, liquidation concentration stress testing, etc.Lead perpetual contract funding rate arbitrage (cross-exchange spreads + funding fee capture), term structure strategy (Contango/Backwardation dynamic switching)Familiar with basic options business rules such as exchange position limits, exercise rules, and trading margin occupancyMonitor exchange credit risks (such as FTX-type event warnings) and formulate position diversification planskey ResponsibilitiesMore than 5 years of futures trading experience, familiar with mainstream exchange rules and futures contract details (order placement, modification, withdrawal, matching, trading and forced liquidation)Proficient in cross-exchange arbitrage related trading strategies (basis/spot structure arbitrage, etc.)Proficient in python, with strategy backtesting, data analysis, algorithm optimization and formulation capabilitiesExcellent logical thinking and fast learning ability, independent problem solvingExcellent cross-departmental communication skills, able to coordinate quantitative and risk control teams to solve complex problemsDerivatives trading experience, proficient in contract trading rules (such as index, mark price, opening and closing mechanism, position limit, margin calculation and liquidation mechanism)Experienced in the full life cycle delivery process of exchange derivativesExperienced in dealing with extreme black swan events (such as LUNA collapse, exchange downtime), able to independently complete risk plan mechanism核心职责实时计算币本位/稳定币本位保证金占用，精通组合保证金算法（SPAN/TIMS系统）精通衍生品爆仓及清算流程，对持仓集中热力图、爆仓集中压力测试等有相关经验主导永续合约资金费率套利（跨交易所价差+资金费捕捉）、期限结构策略（Contango/Backwardation动态切换）熟悉交易所持仓限额、行权规则、交易保证金占用等基本期权业务规则监控交易所信用风险（如FTX类事件预警），制定头寸分散方案核心要求专业技能5年以上期货交易经验，熟悉主流交易所规则及期货合约细节（下改撤单、撮合、交易及强平）精通跨所套利相关交易策略（基差/期现结构套利等）精通python，具备策略回测、数据分析及算法优化和制定能力软性素质出色的逻辑思维与快速学习能力，独立解决复杂问题优秀的跨部门沟通能力，能够协调量化、风控团队解决复杂问题经验要求衍生品交易经验，精通合约交易规则（如指数、mark price、开平仓机制、持仓限额、保证金计算及爆仓机制）经历过交易所衍生品全生命周期交割流程经历过极端黑天鹅事件应对（如LUNA崩盘、交易所宕机），能够自主完成风险预案机制Why Join UsAt Bybit, we are committed to fostering a supportive and enriching work environment.Our benefits include:Study Growth Fund: We support your professional development and continuous learning.Internal Events: Participate in regular team-building activities, workshops, and events designed to promote collaboration and innovation.Global Collaboration: Be part of a diverse, international team, working alongside colleagues from around the world.Career Advancement: Access opportunities for growth and advancement within a rapidly expanding global company.Internal Mobility: Grow with us- Your long-term development is important to us. We offer internal job opportunities to help build your career path.