Quantitative Researcher: GPU Compute Pricing & Hedging

The Bitcoin Street Journal; San Francisco, Northern (CA, KY); Hybrid; USD 150,000 - 250,000; Full time

Job summary

Hyperbolic Labs is hiring a Quantitative Researcher to own the pricing models for our Open-Access AI Cloud marketplace. You will develop and implement pricing, hedging, and risk-management frameworks across GPU types and regions, working with finance, engineering, and product teams.

You will shape novel financial instruments and structures, build near real-time pricing signals from supply and demand, and clearly defend models to stakeholders in a fast-moving, data-rich environment.

Qualifications

• 5+ years in quantitative research, trading, or structuring, with hands-on experience building pricing or risk models that were actually traded on, not just backtested
• Deep fluency in derivatives pricing and hedging — options, futures, forwards — and the ability to reason about instruments where no liquid market or clean volatility surface exists
• Experience constructing hedges for a portfolio of physical or contracted assets, using both conventional derivatives and non-standard instruments
• Dynamic pricing expertise: building models that set spot and term prices from supply, demand, and inventory signals in near real time
• Strong programming skills in Python and comfort working directly with messy production data rather than a curated research dataset
• Ability to structure new financial products from first principles, including contract design, settlement mechanics, and the assumptions underneath them
• Clear communicator who can defend a model to finance, engineering, and commercial stakeholders and translate output into a decision
• Comfortable operating with ambiguity, incomplete data, and no established playbook for the asset class

Responsibilities

• Own the modeling behind our compute marketplace pricing and risk framework
• Build pricing models that set spot and term rates across GPU types and regions
• Hedge compute portfolio using derivatives and non-traditional instruments
• Design options and futures structures for transfer of compute risk
• Define methodology for pricing where no established curves exist

Job description

Hyperbolic Labs is hiring a Quantitative Researcher to own the pricing models for our Open-Access AI Cloud marketplace. You will develop and implement pricing, hedging, and risk-management frameworks across GPU types and regions, working with finance, engineering, and product teams.

You will shape novel financial instruments and structures, build near real-time pricing signals from supply and demand, and clearly defend models to stakeholders in a fast-moving, data-rich environment.