One of the most well-known Smithing money makers in Old School RuneScape: buy steel bars, smith them into cannonballs at a furnace, sell the cannonballs. Live profit per bar below, recalculated from real-time Grand Exchange prices every time this page loads.
Most skilling "profit" methods need a real recipe database to compute — dozens of raw materials feeding into a product isn't something a live price feed alone can answer. Cannonballs are the exception: a single fixed 1:4 ratio that hasn't changed in years, with both ends of the trade sitting right there on the Grand Exchange. That's what makes a genuinely live, accurate calculator possible here without guessing at anything.
▶ Open the full live tracker on PocketGE4, at a furnace, after the Dwarf Cannon quest with 35 Smithing.
(4 × live cannonball sell price, after the 2% GE tax) − live steel bar buy price. Recalculated from real-time prices, not a fixed table.