To meet the critical requirements of the formation of robust and high-performance electrode, new binders with multifunction are highly desirable, especially for the next generation battery manufacturing, for example water-based cathode manufacturing. Here, as a single component, we combined water-based binder with highly conductive graphene with controllable density of the water-based binder on the surface of graphene. The as obtained binder shows good solubility and stability in water, decent conductivity, and tunable viscosity. The as obtained binder was mixed with standard NMC and LFP electrode for the water-based electrode processing. The formed electrode shows good adhesion with low loading of the binder. The binder and conductive additives are uniformly distributed in the formed electrode and covered the surface of cathode active materials surface. The NMC active material was modified with the resistance to be decomposed in the water. The electrode is not only stable under elevated temperature but also relatively high voltage, which is attributed to the presence of particular functional groups. The lithium-ion battery made by such aqueous binder shows comparable specific capacity and good stability as compare with the electrode prepared using PVDF binder and NMP solvent. The electrode after long term cycling was also investigated in order to understand the binder function during the charging/discharging process.