How to flip Looting bag note in OSRS

Flipping Looting bag note on the Old School RuneScape Grand Exchange currently makes about 867 gp profit per item after the 2% GE tax: buy near 53,791 gp (the instant-sell price) and re-list near 55,773 gp (the instant-buy price).

• Buy at (instant-sell): 53,791 gp
• Sell at (instant-buy): 55,773 gp
• Margin after 2% tax: 867 gp (1.61% ROI)
• Buy limit per 4 hours: 40
• 24h volume: 8,002 (liquid)
• Max profit per limit cycle: 34,680 gp on 2,151,640 gp of capital

The flip, step by step

1. Place a buy offer at or just above 53,791 gp (the current instant-sell price).
2. Wait for the fill. Looting bag note is liquid right now, so expect fills within the hour at reasonable prices.
3. Re-list at or just below 55,773 gp (the current instant-buy price).
4. The GE takes 1,115 gp tax (2%) per item when it sells, leaving 867 gp profit each.
5. Repeat up to the buy limit (40 per 4 hours), a full cycle is 34,680 gp on 2,151,640 gp of capital.

Margins move constantly. Re-check the live Looting bag note numbers and price chart on GrandExchange.com right before committing.