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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.

Schema Changelog

Changes observed during successful MCP inspections. Dates show when Glama detected each change.

  1. Changed1 schema field changed
    • addedInput schema / examples
      Added value: +[
      +  {
      +    "topic": "fed"
      +  },
      +  {
      +    "topic": "btc"
      +  }
      +]
  2. Added

TDQS

A4.6/5.0
Behavior5/5

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

The description goes far beyond the annotations: it explains that compatibility_warning and compatibility_codes can both be non-empty even when pairs are returned, that temporal_alignment: null means 'could not compute' rather than 'aligned', that fees are not modeled so spreads are gross, and that unknown leg types are never paired. These behavioral disclosures are essential given the absence of an output schema.

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 and front-loaded with purpose and modes, then organized into RESPONSE, SAFETY, and Codes sections. Almost every sentence adds a distinct caveat needed for correct use, but there is some redundancy and the code enumeration could be trimmed without losing meaning.

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?

For a tool with three optional parameters, no output schema, and high behavioral nuance, the description is exceptionally complete. It covers return fields (top_spreads_pp, compatibility_warning, compatibility_codes, skipped counters, temporal_alignment, fees_note), code semantics, and edge-case handling such as null temporal alignment and unclassified legs.

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%, so the baseline is already strong. The description adds relational meaning beyond the schema: it defines the two modes, how explicit parameters override the topic-mapped side, and that both modes run the same matching logic. This helps an agent decide which parameter combination to supply.

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 first sentence states a specific verb+resource: computing the cross-venue spread between Kalshi and Polymarket for the same resolving question. It clearly differentiates from sibling tools like polymarket_arbitrage or polymarket_edges by centering on the Kalshi–Polymarket comparison, not a single venue.

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 context for when to use each mode: topic for 10 pre-mapped shortcuts, explicit kalshi_event_ticker + polymarket_event_slug for custom pairings. It also warns that pre-mapped topics frequently return compatibility warnings and are not automatically tradeable, but it does not explicitly name sibling tools as alternatives or state when not to use this tool.

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

B3.3/5.0
Disambiguation1/5

The server contains 4 joke-related tools and 31 tools from the Pipeworx data ecosystem, which are entirely unrelated. An agent cannot easily distinguish whether to use a joke tool or a data tool, causing extreme ambiguity.

Naming Consistency2/5

Tool names within the joke subset (e.g., get_joke, search_jokes) and Pipeworx subset (e.g., ask_pipeworx, entity_profile) are individually consistent, but the overall set has no unified naming pattern or domain signal, making the server's purpose unclear.

Tool Count1/5

With 35 tools, the count is excessive for a jokes-themed server. Only 4 tools are joke-related; the remaining 31 belong to a completely different domain, making the tool count highly inappropriate.

Completeness1/5

The joke coverage (get, search, categories, flags) is minimal but functional. However, the server as a whole is a Frankenstein of unrelated domains, lacking a coherent surface. The overwhelming majority of tools are irrelevant to the server name.