How to flip Iron ore in OSRS
Flipping Iron ore on the Old School RuneScape Grand Exchange currently makes about 0 gp profit per item after the 2% GE tax: buy near 59 gp (the instant-sell price) and re-list near 60 gp (the instant-buy price).
- Buy at (instant-sell): 59 gp
- Sell at (instant-buy): 60 gp
- Margin after 2% tax: 0 gp (0.00% ROI)
- Buy limit per 4 hours: 13,000
- 24h volume: 7,444,480 (extremely liquid)
- Max profit per limit cycle: 0 gp on 767,000 gp of capital
The flip, step by step
- Place a buy offer at or just above 59 gp (the current instant-sell price).
- Wait for the fill. Iron ore is extremely liquid right now, so offers at fair prices typically fill within minutes.
- Re-list at or just below 60 gp (the current instant-buy price).
- The GE takes 1 gp tax (2%) per item when it sells, leaving 0 gp profit each.
- Repeat up to the buy limit (13,000 per 4 hours), a full cycle is 0 gp on 767,000 gp of capital.
Margins move constantly. Re-check the live Iron ore numbers and price chart on GrandExchange.com right before committing.