How to flip Gilded spear in OSRS

Flipping Gilded spear on the Old School RuneScape Grand Exchange currently makes about -20,595 gp profit per item after the 2% GE tax: buy near 700,002 gp (the instant-sell price) and re-list near 693,272 gp (the instant-buy price).

• Buy at (instant-sell): 700,002 gp
• Sell at (instant-buy): 693,272 gp
• Margin after 2% tax: -20,595 gp (-2.94% ROI)
• Buy limit per 4 hours: 70
• 24h volume: 20 (thinly traded)
• Max profit per limit cycle: -1,441,650 gp on 49,000,140 gp of capital

The flip, step by step

1. Place a buy offer at or just above 700,002 gp (the current instant-sell price).
2. Wait for the fill. Gilded spear is thinly traded right now, so offers can sit for hours; only flip with patience and wide margins.
3. Re-list at or just below 693,272 gp (the current instant-buy price).
4. The GE takes 13,865 gp tax (2%) per item when it sells, leaving -20,595 gp profit each.
5. Repeat up to the buy limit (70 per 4 hours), a full cycle is -1,441,650 gp on 49,000,140 gp of capital.

Margins move constantly. Re-check the live Gilded spear numbers and price chart on GrandExchange.com right before committing.