The present invention relates to an arrow device with dual destructive function which provides a second extended destruction by explosion of explosives carried within the arrow device in addition to a penetrative destruction caused by kinetic energy of an arrow. The arrow device with dual destructive function comprises an arrow body and an arrowhead, wherein the arrow body comprises a hollow tube, the hollow tube is provided with an inertial body therein, the arrowhead is of a hollow structure and is provided with a hole structure communicating the hollow structure of the arrowhead with the outside. The hollow structure of the arrowhead is equipped with explosives or ammunition therein. An isolation mechanism is provided between the arrowhead and the hollow tube of the arrow body. A firing mechanism for firing explosives or ammunition is provided on the isolation mechanism or the front end of the inertia body.