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.

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

A4.5/5.0
Behavior5/5

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

Annotations already declare readOnly, idempotent, open-world, and non-destructive. The description goes far beyond this by disclosing specific behavioral traits: compatibility_warning/codes that can accompany returned pairs, skipped_unclassified and low_confidence_pairs handling, the gross (not net) spread and missing Kalshi fee modeling, and counters for dropped comparisons. It also warns that returned pairs may still be unverified because matching is keyword-based. This is abundant value beyond the 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 dense and long, with the first sentence immediately stating the tool's purpose and the modes introduced early. Every sentence carries information about response fields, safety codes, fee disclosure, or edge cases, so there is little redundancy. However, the sheer volume of detail in a single paragraph makes it harder to parse than a more structured or higher-level description would be.

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?

There is no output schema, so the description bears the full burden of explaining the response. It covers leg-by-leg prices, top_spreads_pp with per-entry flags, compatibility_warning/codes, temporal_alignment fields, fees_note, skipped_cross_type/subtype counters, and behavior for unknown legs. For a tool with this analytical complexity and two modes, nothing an agent needs to safely interpret results is missing.

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?

Schema coverage is 100% for all three parameters, and the description adds meaning beyond the schema: the `topic` parameter is fully enumerated with its 10 shortcuts, and the explicit parameters are described as overrides that replace the topic-mapped side. It also states that both modes run the identical token-overlap matcher, which clarifies the interaction between parameters. This is substantial enrichment over the schema alone.

Input schemas describe structure but not intent. Descriptions should explain non-obvious parameter relationships and valid value ranges.

Purpose4/5

Does the description clearly state what the tool does and how it differs from similar tools?

The opening sentence states a specific purpose: 'Cross-venue spread between Kalshi and Polymarket for the same resolving question.' It names the venues and the measured quantity, so an agent understands what the tool does. However, it does not explicitly distinguish itself from sibling tools like polymarket_arbitrage or polymarket_edges, so it lacks direct sibling differentiation.

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 clearly explains two invocation modes (topic shortcuts vs explicit ticker/slug pairings) and when each is appropriate, including the list of pre-mapped topics. It also gives strong expectations about reliability: 'most pre-mapped topics return compatibility_warning today; pre-mapped ≠ tradeable.' It does not explicitly compare against sibling tools, but for its own modes the guidance is concrete and actionable.

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

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.