The invention belongs to the technical field of composting treatment, and particularly relates to a method for aerobic composting by using pond sludge. The method comprises the following steps: putting a mixture containing pond sludge, silkworm excrement and mushroom residues as a composting raw material in an environment with initial water content of 40-55% and room temperature for natural fermentation, carrying out primary fermentation to a high temperature of 50-65 DEG C, maintaining the temperature, carrying out irregular turning, supplementing water to 40-55%, continuously conducting heating for secondary fermentation, completing compost maturity within 25-30 days, taking a compost sample, and determining the germination index which can exceed 80% which indicats that the pond sludge is thoroughly matured by the method. Silkworm excrement rich in microorganisms and mushroom residues rich in organic matter are added to serve as a conditioner, aerobic composting decomposition of thepond sludge is achieved, and fertilizer application of the pond sludge is achieved. By adopting the pond sludge, various nutrients can be supplied to crops, a plough layer can be thickened, the physical properties of soil can be improved, and the fertilizer retention capacity of the soil can be improved.