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Polymarket–Kalshi Spread

polymarket_kalshi_spread
Read-onlyIdempotent

Cross-venue spread between Kalshi and Polymarket for the same resolving question. The two venues sometimes price the same outcome 2-25pp apart because their participant pools differ — when the bet shapes are equivalent that delta is a real signal, when they aren't the tool says so. TWO MODES: (1) topic — 10 pre-mapped macro shortcuts ("fed", "btc", "cpi", "gdp", "sp500", "recession", "next_pope", "next_uk_pm", "next_israel_pm", "2028_president") auto-fetch the matching event on each venue. (2) explicit kalshi_event_ticker + polymarket_event_slug for custom pairings — BOTH modes run the identical token-overlap matcher, so the same disclosures apply to both. RESPONSE: each venue's leg-by-leg prices (raw probability 0-1) plus matched spread[].top_spreads_pp (Kalshi − Polymarket) where the same outcome shows up on both sides. SAFETY FIELDS: compatibility_warning is a sentence and compatibility_codes[] the machine-readable form; BOTH can be non-empty on returned pairs, so read them even when matched_pairs>0. Codes: event_subject_mismatch (the two event titles share no subject words — probably not the same question), temporal_mismatch (they resolve in different months), temporal_alignment_unknown (the resolution month could not be parsed on one or both sides — NOT the same as confirmed-aligned; check each event's close/strike date yourself), non_equivalent_bet_shapes, no_candidate_pairs, unclassified_legs_excluded, pairing_unverified (set in EITHER mode whenever pairs are returned: the legs were matched by keyword and word overlap, not a shared resolution source). Each entry in top_spreads_pp carries its own flags[] (temporal_mismatch, temporal_alignment_unknown, event_subject_mismatch, low_token_overlap). A leg whose metric_type or match_subtype is "unknown" is NEVER paired — those comparisons land in spread.skipped_unclassified and, when the wording lined up, in spread.low_confidence_pairs[] for inspection only. temporal_alignment{polymarket_month,kalshi_month,aligned} tells you whether the two events resolve in the same calendar period, in EITHER mode; null means it could not be computed (see temporal_alignment_unknown), not that the two sides align. spread.fees_note is a standing disclosure: Kalshi charges per-contract trading fees, Polymarket does not, and this tool does not model Kalshi's fee schedule — every spread_pp is gross, not a net tradeable edge. skipped_cross_type / skipped_cross_subtype counters expose how many leg-pair comparisons were dropped (cross-type = metric_type mismatch like MoM vs YoY; cross-subtype = inequality mismatch like cum_ge vs cum_le). Real cross-venue spreads are rarer than the macro-shortcut list suggests — most pre-mapped topics return compatibility_warning today; pre-mapped ≠ tradeable.

Input Schema

TableJSON Schema
NameRequiredDescriptionDefault
topicNoPre-mapped: fed | btc | cpi | gdp | sp500 | recession | next_pope | next_uk_pm | next_israel_pm | 2028_president
kalshi_event_tickerNoExplicit Kalshi event ticker, e.g. "KXFED-26OCT". Overrides the topic-mapped Kalshi side.
polymarket_event_slugNoExplicit Polymarket event slug, e.g. "fed-decision-in-june-825". Overrides the topic-mapped Polymarket side.

TDQS

A4.6/5.0
Behavior5/5

Does the description disclose side effects, auth requirements, rate limits, or destructive behavior?

Annotations already mark this as read-only, idempotent, and non-destructive, so the description adds substantial behavioral context beyond those hints. It discloses that compatibility_warning and compatibility_codes can be non-empty even when matches exist, that pairing is always unverified, that temporal_alignment null means 'could not compute' rather than aligned, that Kalshi fees are not modeled, and that spreads are gross not net — far more than annotations supply.

Agents need to know what a tool does to the world before calling it. Descriptions should go beyond structured annotations to explain consequences.

Conciseness4/5

Is the description appropriately sized, front-loaded, and free of redundancy?

The description is long, but the tool is complex and lacks an output schema, so nearly every clause carries necessary information about modes, safety fields, flags, skipped legs, and fee disclosures. It is front-loaded with the core purpose and organizes distinct concerns with clear markers like 'TWO MODES', 'RESPONSE', and 'SAFETY FIELDS'; still, it reads as a dense wall of text and could benefit from formatting into sections.

Shorter descriptions cost fewer tokens and are easier for agents to parse. Every sentence should earn its place.

Completeness5/5

Given the tool's complexity, does the description cover enough for an agent to succeed on first attempt?

Because there is no output schema, the description carries the full burden of explaining the return shape, and it does so thoroughly: leg-by-leg prices, top_spreads_pp, per-entry flags, skipped_unclassified, low_confidence_pairs, temporal_alignment, fees_note, and skipped counters. It also covers crucial edge cases like null temporal alignment, non-empty warnings despite positive matches, and the unverified nature of every pairing — leaving little ambiguity for an agent.

Complex tools with many parameters or behaviors need more documentation. Simple tools need less. This dimension scales expectations accordingly.

Parameters4/5

Does the description clarify parameter syntax, constraints, interactions, or defaults beyond what the schema provides?

Schema coverage is 100%, giving the baseline of 3, but the description adds meaningful behavioral semantics beyond the schema. It explains that one mode uses pre-mapped shortcuts while the other takes explicit tickers/slugs, that both modes run the identical overlap matcher, and that explicit values override topic-mapped sides — context that helps an agent choose parameter combinations correctly.

Input schemas describe structure but not intent. Descriptions should explain non-obvious parameter relationships and valid value ranges.

Purpose5/5

Does the description clearly state what the tool does and how it differs from similar tools?

The description opens with a specific verb ('Cross-venue spread between Kalshi and Polymarket for the same resolving question') and clearly identifies the resource. It differentiates itself from likely sibling tools by naming its two operating modes and what it returns, so an agent can tell it apart from related market-analysis tools.

Agents choose between tools based on descriptions. A clear purpose with a specific verb and resource helps agents select the right tool.

Usage Guidelines4/5

Does the description explain when to use this tool, when not to, or what alternatives exist?

The description gives clear usage context: when bet shapes are equivalent the spread is a signal, when they are not the tool flags it, and both pre-mapped and explicit modes run the same matcher. It does not explicitly name an alternative tool to use instead, but the caveat that most pre-mapped topics return compatibility_warning and that pre-mapped is not tradeable gives practical guidance about when to distrust results.

Agents often have multiple tools that could apply. Explicit usage guidance like "use X instead of Y when Z" prevents misuse.

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TDQS

A3.8/5.0
Disambiguation2/5

Several tools occupy nearly identical roles: ask_pipeworx and ask_pipeworx_beta are described as functionally identical right now, ask_pipeworx_grounded and deep_research are overlapping query modes, and ai_visibility_check / scan_competitor_ai_presence / discover_tools / suggest_questions all blur into discovery or visibility tasks. The two actual BioStudies tools are clear, but they are buried in a server dominated by Pipeworx meta-tools.

Naming Consistency3/5

All tool names use snake_case, and many follow a verb_noun shape such as search_studies, get_study, and discover_tools. However, the convention is inconsistent across the set: noun-first names like entity_profile and polymarket_edges, brand-prefixed names like pipeworx_feedback, and verb-first product names like ask_pipeworx all coexist, making the pattern harder to predict.

Tool Count2/5

33 tools is well into the too-many range, and the count is especially inappropriate for a server named Biostudies since only search_studies and get_study actually belong to that domain. The rest form a sprawling general-purpose data-research platform that appears to have been merged into one server without a clear scope.

Completeness3/5

For the BioStudies-specific surface, search_studies and get_study provide reasonable read-only coverage for the EBI archive. But as the broader research platform the other 31 tools imply, the set is hard to evaluate for completeness because most actual data access is delegated to Pipeworx's hidden 5,718 tools rather than exposed directly, leaving notable gaps in transparency and direct source-level control.