Mithril axe

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

In-game examine text: "A powerful axe."

It has a Grand Exchange buy limit of 40 every four hours, a high alchemy value of 312 gp, and item ID 1355.

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Mithril Axe currently has a flip margin of −127 gp, which isn't profitable to flip right now despite 3,060 trades over the last 24 hours.

Items with negative or zero margins like this are better watched than actively flipped until the spread widens.