The invention relates to an antistatic emulsified lubricating oil, and belongs to the technical fields of spinning, printing and dyeing. The antistatic emulsified lubricating oil is prepared by the following materials: 950 parts of gutter oil, 400-450 parts of alkali, 10-30 parts of a fatty alcohol emulgator and 15-35 parts of methyl alcohol, wherein the gutter oil and the alkali are taken as main raw materials, and the fatty alcohol emulgator and the methyl alcohol are taken as auxiliary materials. A specific preparation method is adopted, and a charging sequence, a temperature range and the alkali dropping speed are controlled strictly to ensure interaction among the components, so as to achieve the effects of being antistatic and soft, lubrication, complexing calcium and magnesium ions. Through the adoption of the antistatic emulsified lubricating oil, the average yarn breakage in a beam dyeing process is lower than 7.3 pieces / hour, the average diameter dividing ratio is above 9700 m / h, and surface specific resistance is lower than 4.1*102 ohm; besides, as the gutter oil is taken as a main raw material, the difficulty in utilizing the gutter oil is overcome, and meanwhile, the production cost is reduced.