We demonstrated a fast switchable dual-model grating based on a polymer-stabilized sphere phase liquid crystal. To form binary periodicity layers, the polymer-stabilized sphere phase liquid crystal precursor was sequence ultraviolet cured at an isotropic and sphere phase. This grating jointly modulated both the phase and the amplitude, had six times the diffraction efficiency of that fabricated with polymer-stabilized blue phase liquid crystal. Moreover, the dual-model tunable grating shown polarization-independent and submillisecond response time, which may hold a great potential application in diffractive optics.