How to flip Dragonbone necklace in OSRS

Flipping Dragonbone necklace on the Old School RuneScape Grand Exchange currently makes about 5,276 gp profit per item after the 2% GE tax: buy near 145,681 gp (the instant-sell price) and re-list near 154,037 gp (the instant-buy price).

• Buy at (instant-sell): 145,681 gp
• Sell at (instant-buy): 154,037 gp
• Margin after 2% tax: 5,276 gp (3.62% ROI)
• Buy limit per 4 hours: 8
• 24h volume: 322 (moderately traded)
• Max profit per limit cycle: 42,208 gp on 1,165,448 gp of capital

The flip, step by step

1. Place a buy offer at or just above 145,681 gp (the current instant-sell price).
2. Wait for the fill. Dragonbone necklace is moderately traded right now, so fills can take an hour or more, patience pays here.
3. Re-list at or just below 154,037 gp (the current instant-buy price).
4. The GE takes 3,080 gp tax (2%) per item when it sells, leaving 5,276 gp profit each.
5. Repeat up to the buy limit (8 per 4 hours), a full cycle is 42,208 gp on 1,165,448 gp of capital.

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