Skip to main content
Glama

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

A4.5/5.0
Behavior5/5

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

Beyond readOnly and idempotent annotations, the description discloses key behavioral traits: the matcher is keyword/word-overlap based and never pairs legs with unknown metric_type or match_subtype; spreads are gross because Kalshi fees are not modeled; temporal_alignment null means 'could not be computed,' not aligned; and compatibility_codes can be non-empty even when matched_pairs>0. This is exemplary disclosure of limitations.

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 well organized into labeled sections and front-loads the core purpose, but it is very long and contains redundancy, such as restating that temporal_alignment_unknown means the resolution month could not be parsed and that null is not equivalent to alignment. Every sentence is informative, but the text could be tightened without loss of 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?

With no output schema, the description carries the full burden of explaining the response, and it does: it lists leg-by-leg prices, spread array contents, compatibility fields, skipped counters, fees_note, and temporal_alignment semantics. It also sets expectations about the rarity of real spreads. Nothing needed for correct use appears missing.

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?

The input schema already describes all three parameters with 100% coverage. The description adds semantic value by explaining that topic is a pre-mapped shortcut, that the two explicit parameters override the topic-mapped side, and that both modes run the identical token-overlap matcher. This goes beyond the schema's basic field descriptions.

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 clear statement of what the tool does: 'Cross-venue spread between Kalshi and Polymarket for the same resolving question.' It names the two venues, the quantity produced (spread), and the condition for validity (same resolving question), which distinguishes it from single-venue siblings like polymarket_edges.

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 explains when to use each of the two modes (topic shortcuts vs explicit event ticker) and how the explicit parameters override the topic mapping. It also warns that most pre-mapped topics return compatibility_warning today, setting expectations. However, it does not explicitly contrast this tool with sibling tools like polymarket_arbitrage or state when not to use it in favor of an alternative.

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

Try in Browser

Glama MCP Gateway

Add one secure layer between your agents and this server.

TDQS

A3.6/5.0
Disambiguation3/5

Several tools have overlapping purposes, such as ask_pipeworx, ask_pipeworx_beta, ask_pipeworx_grounded, and deep_research. While each has distinct nuances, they could be confused by an agent.

Naming Consistency3/5

Most tools use snake_case, but the naming pattern is inconsistent (e.g., bet_research vs. polymarket_arbitrage vs. ai_visibility_check). There is no strong verb_noun pattern across the set.

Tool Count2/5

34 tools is high given the server's stated purpose ('spacenews'). Only a few tools directly relate to space news; the bulk are general-purpose Pipeworx utilities, making the scope too broad.

Completeness2/5

For a space news server, the tool surface is incomplete: only get_articles, get_blogs, and search_articles are relevant. Missing tools for article details, source filtering, or categories. The extensive general tools don't make up for this gap.