Raw rainbow fish

Raw Rainbow Fish is a members-only item on the OSRS Grand Exchange in the weapons category.

In-game examine text: "A colourful fish, attracted to colourful flies."

It has a Grand Exchange buy limit of 13,000 every four hours, a high alchemy value of 72 gp, and item ID 10138.

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Raw Rainbow Fish currently has a flip margin of −4 gp, which isn't profitable to flip right now despite 139,794 trades over the last 24 hours.

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