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Setlist Fm

by io.github.pipeworx-io

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.

TDQS

A4.7/5.0
Behavior5/5

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

Annotations already declare readOnlyHint, openWorldHint, idempotentHint, and destructiveHint. The description adds substantial behavioral details: caching policy (1h at KV level), response structure (by_segment, _diagnostics), model families and their computation (crypto_price with FRED log-returns, news_momentum with GDELT volume ratio, partition_overround with sport-specific α), and edge calculation (net of slippage, 24h-move warning). No contradictions with annotations.

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 comprehensive but somewhat dense, packing model details, output fields, and knobs into long paragraphs. It is front-loaded with purpose but could benefit from more structured formatting (e.g., bullet points for knobs or segments). However, every sentence earns its place; no extraneous content exists.

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 9 parameters, no output schema, but rich annotations, the description is exceptionally complete. It explains the three response segments (model_driven, structural_arbitrage, concentrated_longshot), diagnostic outputs (funnel counters, filter_skips), caching behavior, and special handling of Fed bets. An agent has all necessary context to invoke the tool correctly and interpret results.

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?

Input schema coverage is 100%, providing a baseline of 3. The description goes far beyond by explaining how each parameter functions: 'tradeable-edge filter' for max_spread_pp and min_liquidity, interaction between min_kelly and min_partition_leg_kelly, and rationale for defaults (e.g., slippage_pp notes zero fees but typical 20-50bp). This extra semantics greatly assists an agent in parameter selection.

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?

Description clearly states 'Scan top Polymarket markets and return opportunities where Pipeworx data disagrees with market price', with a specific verb ('scan') and resource ('Polymarket markets'). The sibling tool 'polymarket_edge_tracker' is related but the description's focus on discovery and model-driven vs structural arbitrage distinguishes it effectively. The purpose is unambiguous and tied to a concrete use case ('what should I bet on today').

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 explicit context for when to use the tool (discovery of betting opportunities) and includes detailed information about knobs and filters (min_liquidity, max_spread_pp) that guide usage. However, it does not explicitly state when NOT to use this tool versus its siblings (e.g., polymarket_arbitrage, polymarket_edge_tracker), relying on implicit differentiation through content.

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

A3.6/5.0
Disambiguation2/5

The tool set mixes two completely different domains: setlist.fm (12 tools) and Pipeworx data services (30+ tools). An agent cannot easily distinguish which tools belong to the server's primary purpose, leading to confusion and misselection.

Naming Consistency2/5

Setlist.fm tools use consistent verb_noun patterns (artist, artist_search, artist_setlists), but the majority of tools follow no unified convention: some use snake_case (ai_visibility_check), others use mixed case (ask_pipeworx), creating an inconsistent naming landscape.

Tool Count2/5

43 tools is excessive for a setlist.fm API. Only about 12 are relevant; the remaining 31 are unrelated and bloat the tool surface, making it hard to navigate and maintain.

Completeness4/5

For the setlist.fm domain, the tools cover search, retrieval, and user data comprehensively (artists, setlists, venues, cities, countries, users). Minor gaps exist (e.g., no update/delete operations), but core workflows are supported.

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