Rune axe

Rune 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 7.7k gp, and item ID 1359.

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Rune Axe currently has a flip margin of −8 gp, which isn't profitable to flip right now despite 20,169 trades over the last 24 hours.

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