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Polymarket Edges

polymarket_edges
Read-onlyIdempotent

Scan top Polymarket markets and return opportunities where Pipeworx data disagrees with market price. Built for "what should I bet on today" — agents discover opportunities without paging hundreds of markets. FIVE MODEL FAMILIES grouped into three response segments under by_segment: (1) MODEL_DRIVEN — crypto_price (lognormal barrier from 90d FRED log-returns) and news_momentum (GDELT 7d/21d article-volume ratio, soft signal w/ halved Kelly). (2) STRUCTURAL_ARBITRAGE — partition_overround on mutually-exclusive events; per-leg favorite-longshot bias correction with per-sport α (tennis 1.02, soccer 1.10, MMA 1.15, default 1.0); placeholder-slug filter drops will-person-X / will-team-Y / will-manager-Z / will-someone-else- backstops; partitions with >20% placeholder fraction skipped entirely. (3) CONCENTRATED_LONGSHOT — basket trade when one leg ≥75% AND ≥2 longshots ≤8% AND portfolio return ≥25:1; rare-by-design (gates relaxed Run 8 from prior 85%/5%/50:1). EVERY OPPORTUNITY carries edge_pp_net (after slippage), kelly_fraction + kelly_fraction_half (capped at 0.25), market.liquidity, market.spread_pp, market.volume, plus a 24h-move warning ("Market moved X.Xpp in 24h") when the recent move alone exceeds the edge — your edge may already be in the price. TRADEABLE-EDGE KNOBS: min_liquidity / max_spread_pp drop opportunities where edge isn't realizable; min_partition_leg_kelly filters partitions by best per-leg Kelly. RESPONSE TOP-LEVEL: by_segment{model_driven,structural_arbitrage,concentrated_longshot}, fed_candidates/fed_note (Fed bets surface here, excluded from ranking — 1m-T vs EFFR signal is unreliable at meeting-month horizons without paid OIS/SOFR-futures data), and _diagnostics{concentrated_longshot:{...funnel counters},category_counts,filter_skips} so callers can see WHY a segment is empty (top-N stale, all candidates failed gates, knob dropped them). Cached 1h at the KV level keyed on all knobs.

Input Schema

TableJSON Schema
NameRequiredDescriptionDefault
limitNoTop N edges to return after ranking. Default 10, max 25.
windowNoPolymarket volume window to filter markets. Default 1wk.
min_kellyNoMinimum half-Kelly fraction (as decimal, e.g. 0.005 = 0.5% of bankroll) to include single-leg opportunities. Default 0 (no filter). Skips opportunities that are too small to bet sensibly even if the edge is large.
min_edge_ppNoMinimum |edge| in percentage points to include (default 0.5). Edge is evaluated NET of slippage.
slippage_ppNoAssumed execution slippage in percentage points per leg (default 0.3). Subtracted from raw |edge| before ranking and Kelly sizing. Polymarket has zero trading fees as of 2024 but bid/ask + thin depth typically eats 20-50bp per trade. Bump for very thin partitions; drop to 0 if you have a smarter fill model.
max_spread_ppNoTradeable-edge filter. Maximum bid/ask spread in percentage points on the representative market. Default null (no filter). Set to 2 to require tight books — anything wider eats most plausible edges.
min_liquidityNoTradeable-edge filter. Minimum $ liquidity on the representative market (or for partition_overround, on at least one top_leg). Default 0 (no filter). Set to 5000 to drop thin-book opportunities where executing the edge would walk the book past breakeven.
category_filterNoComma-separated list to restrict the output: "model_driven" (crypto_price + news_momentum), "structural_arbitrage" (partition_overround), "concentrated_longshot". Combine like "model_driven,structural_arbitrage". Default: all.
min_partition_leg_kellyNoMinimum BEST per-leg half-Kelly fraction across a partition_overround opportunity's top_legs (or longshot_basket legs). Default 0 (no filter). Partition arbs always return kelly_fraction_half=0 at the parent level by design (basket trades don't compose to single-leg Kelly), so min_kelly never filters them — this knob applies to the per-leg Kelly inside top_legs instead. Use to suppress thin partitions whose individual leg edges aren't worth the per-leg slippage cost.

Schema Changelog

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

  1. First observed

TDQS

A4.5/5.0
Behavior5/5

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

The description goes far beyond the annotations (readOnlyHint, openWorldHint, idempotentHint, destructiveHint) by detailing the model families, per-leg Kelly calculation, slippage handling, filters, response structure including diagnostics, and the 1h KV-level caching keyed on all knobs. This gives the agent deep insight into what the tool does and its edge cases, such as placeholder-slug filters and partition-level Kelly behavior.

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

Conciseness3/5

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

The description is extremely long and dense, resembling a specification rather than a concise tool guide. While every sentence carries technical value, the lack of formatting (e.g., bullet points or section breaks) makes it harder to parse quickly. It is front-loaded with the core purpose, but the volume of detail makes it less concise than ideal.

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?

With no output schema present, the description thoroughly explains the return structure: by_segment with three segment names, fed_candidates/fed_note with reliability caveat, and _diagnostics containing funnel counters, category_counts, and filter_skips. It also covers per-opportunity fields (edge_pp_net, kelly_fraction, liquidity, spread_pp, volume) and the 24h-move warning, making the tool's behavior fully comprehensible 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?

Although the input schema already has 100% description coverage for all 9 parameters, the description adds high-level context by grouping knobs into 'TRADEABLE-EDGE KNOBS' and explaining their interplay with the filtering pipeline (e.g., min_partition_leg_kelly compensates for zero parent-level Kelly in partition arbs). This enriches the schema's per-parameter descriptions with system-level semantics.

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 immediately states a specific verb and resource: 'Scan top Polymarket markets and return opportunities where Pipeworx data disagrees with market price.' It further distinguishes itself by the use case 'what should I bet on today' and explicitly enumerates the three response segments (model_driven, structural_arbitrage, concentrated_longshot), separating it from sibling tools like polymarket_arbitrage or polymarket_edge_tracker.

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 provides a clear use case: 'agents discover opportunities without paging hundreds of markets.' It also includes a caveat about Fed bets being excluded from ranking due to unreliable signals, which helps an agent decide whether to rely on those candidates. However, it does not explicitly contrast with alternatives or state when not to use the tool, only implying its suitability for opportunity discovery.

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

A4/5.0
Disambiguation4/5

Most tools have distinct purposes, but there is overlap within the ask_pipeworx family (beta, grounded) and Polymarket tools (arbitrage, edges, fill_risk), which could cause confusion. Detailed descriptions mitigate this, but the boundaries are not always clear.

Naming Consistency3/5

Tool names use snake_case but lack a consistent verb_noun pattern. Some are imperative (discover_tools), others are descriptive (ask_pipeworx, bet_research), and some are noun phrases (entity_profile, recent_alerts). This inconsistency makes it harder to predict tool names.

Tool Count3/5

33 tools is on the higher side for a single server, but the broad scope (company data, prediction markets, memory, etc.) partially justifies the count. However, many tools are variations of core functionality, suggesting possible consolidation.

Completeness4/5

The tool set covers a wide range of data sources and tasks, including company profiles, comparisons, economic data, and prediction markets. The universal ask_pipeworx router fills most gaps, though some niche data sources might not be directly accessible.