Coated thermoelectric refrigeration is a means of infrared stealth for target. The study on the infrared characteristic of target that coated with thermoelectric refrigeration is the foundation for infrared stealth technology coated with thermoelectric refrigeration. The infrared characteristic model of target coated with thermoelectric refrigeration was established considering of complex energy exchange of target on the sea and the structure and transfer character of thermoelectric refrigeration. Analyze the effect of current and hot-side transfer coefficient on the surface temperature of target by making corresponding program. Depending on the target and background temperature consistent standard, ideal current in a day was designed.