The emulsion of carbide slag was modified by using the calcination and ultrasonic treatment processes respectively. The effects of different modification processes and modification conditions on emulsion activity of carbide slag were investigated. The emulsion activity of carbide slag was determined by testing hydration speed, sedimentation volume, time of phenolphthalein erubescence and granularity distribution. The results indicated that the emulsion activity of carbide slag was improved via both the calcination and ultrasonic treatment processes. The calcinations process (carbide slag was calcined at 800 ℃ for 2 h, then the calcined sample which was hydrated with deionized water of 80 ℃ were churned up approximately 30 min) was beneficial to the improvement of emulsion activity. The emulsion of carbide slag was modified by using ultrasonic treatment for 4 h also had better activity.