A cushion slider toy is described which includes at least one inflatable tube in the form of an annular ring and a covering member which surrounds and encloses the inflatable tube. The top of the covering member forms a flat surface which serves as a seat for a person to sit on while riding the cushion slider toy. Handles may also be attached to the covering member. The cushion slider toy may be used to slide on snow or it may be used on water.