Team-17 cape

Team-17 Cape is a free-to-play item on the OSRS Grand Exchange in the other category.

In-game examine text: "Ooohhh look at the pretty colours..."

It has a Grand Exchange buy limit of 150 every four hours, a high alchemy value of 30 gp, and item ID 4347.

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Team-17 Cape currently has a flip margin of −12 gp, which isn't profitable to flip right now despite 2,000 trades over the last 24 hours.

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