Iron axe

Iron Axe is a free-to-play item on the OSRS Grand Exchange in the weapons category.

In-game examine text: "A woodcutter's axe."

It has a Grand Exchange buy limit of 40 every four hours, a high alchemy value of 33 gp, and item ID 1349.

View on OSRS Wiki

Iron Axe shows an active flip setup with a margin of +11 gp and 5,808 trades over the last 24 hours.

At the buy limit of 40 every four hours, max profit per cycle is about 440 gp — high margin with healthy liquidity.