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Glama

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. Changed2 schema fields changed
    • addedInput schema / properties / max_spread_pp
      Added value: +{
      +  "description": "Tradeable-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.",
      +  "type": "number"
      +}
    • addedInput schema / properties / min_liquidity
      Added value: +{
      +  "description": "Tradeable-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.",
      +  "type": "number"
      +}
  2. Changed1 schema field changed
    • addedInput schema / properties / min_partition_leg_kelly
      Added value: +{
      +  "description": "Minimum 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.",
      +  "type": "number"
      +}
  3. Changed4 schema fields changed
    • addedInput schema / properties / category_filter
      Added value: +{
      +  "description": "Comma-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.",
      +  "type": "string"
      +}
    • changedInput schema / properties / min_edge_pp / description
      Previous value: -"Minimum |edge| in percentage points to include (default 0.5)."New value: +"Minimum |edge| in percentage points to include (default 0.5). Edge is evaluated NET of slippage."
    • addedInput schema / properties / min_kelly
      Added value: +{
      +  "description": "Minimum 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.",
      +  "type": "number"
      +}
    • addedInput schema / properties / slippage_pp
      Added value: +{
      +  "description": "Assumed 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.",
      +  "type": "number"
      +}
  4. Added

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 disclosing internal algorithms, slippage assumptions, caching behavior ('Cached 1h at the KV level keyed on all knobs'), and diagnostic output. It also warns about 24h-move signal and explains why certain segments might be empty, providing excellent transparency.

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

Conciseness2/5

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

The description is extremely long and dense, covering model formulas, specific alpha values, gate relaxations, and response field details. While it's well-organized with numbered segments, it's far from concise—many sentences contain implementation specifics (e.g., 'tennis 1.02, soccer 1.10, MMA 1.15, default 1.0') that could overwhelm an agent and hinder quick scanning.

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, the description fully explains the response structure: by_segment, fed_candidates/fed_note, and _diagnostics. It describes the fields on each opportunity (edge_pp_net, kelly_fraction, market.liquidity, market.spread_pp, market.volume) and why segments might be empty (via filter_skips), making it highly complete for a tool of this complexity.

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

Parameters5/5

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

Even though schema coverage is 100%, the description adds substantial meaning to parameters. It explains the rationale for knobs like min_liquidity and max_spread_pp ('drop opportunities where edge isn't realizable'), the difference between min_kelly and min_partition_leg_kelly, and gives guidance on slippage_pp values ('Polymarket has zero trading fees as of 2024 but bid/ask + thin depth typically eats 20-50bp per trade').

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+resource+outcome: 'Scan top Polymarket markets and return opportunities where Pipeworx data disagrees with market price.' It clearly distinguishes itself from sibling tools like polymarket_arbitrage and polymarket_edge_tracker by focusing on Pipeworx-driven edge detection and its built-in segmentation into MODEL_DRIVEN, STRUCTURAL_ARBITRAGE, and CONCENTRATED_LONGSHOT.

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 states its intended use case ('Built for what should I bet on today') and explains when to use it: to discover opportunities without paging hundreds of markets. It also provides a caveat about Fed candidates being unreliable at meeting-month horizons, but it doesn't explicitly name alternative tools or state when not to use this one.

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

B3.4/5.0
Disambiguation2/5

Many tools have overlapping responsibilities: ask_pipeworx, ask_pipeworx_beta, ask_pipeworx_grounded all serve similar lookup purposes. entity_profile, compare_entities, and recent_changes all retrieve company data. Several Polymarket tools overlap in edge detection. The large number of tools with fuzzy boundaries makes it difficult for an agent to select the correct one.

Naming Consistency3/5

Tool names are a mix of conventions: some use verb_noun (lookup_postcode, validate_postcode, resolve_entity), others are verb_phrase (ask_pipeworx, deep_research, suggest_questions), and a few are compound (polymarket_arbitrage, scan_competitor_ai_presence). No uniform pattern, though the structure is readable.

Tool Count1/5

Despite being named 'postcodes', only 4 of 35 tools are directly about postcodes. The vast majority belong to a broad data platform (Pipeworx) with specialized tools for finance, betting, news, etc. The count is excessive for a focused service, and many tools are only useful for users of that platform, leading to clutter.

Completeness2/5

For a postcode server, the tools cover basic needs (lookup, nearest, random, validate). However, the server's actual scope is much larger; within that broader scope, there are notable gaps: no general text search, no direct access to raw SEC filings, and many tools depend on paid plans or external accounts. The coverage is uneven and incomplete for a unified data platform.