The invention discloses a high-performance cable insulating material formula. A high-performance cable insulating material is prepared from, by weight, 30-36 parts of inorganic filler, 18.3-22.6 parts of carbon black, 39-46 parts of a silane coupling agent, 16-20 parts of antioxidant, 10-30 parts of a cross-linking agent, 2.5-3.5 parts of a vulcanizing agent, 20-22 parts of flame retardant, 12-20 parts of oxide, 6-21 parts of an anti-aging agent, 28-39 parts of oxygen indexes, 6-20 parts of borax, 23-30 parts of boric acid, 18-26 parts of cellulose fibers, 9-30 parts of titanium dioxide, 13-26 parts of chlorinated paraffin, 25-32 parts of a lubricating agent and 33-36 parts of compatilizer. The material is reasonable and scientific in formula, good in irradiation resistance and waterproof performance and excellent in mechanical performance, mechanical performance and physical performance of a produced finished cable are higher than those of common rubber, and flame retardance, abrasion resistance, high using safety and long service life are achieved.