The Cambrian period is an important era in geological history, marked by numerous major geological and biological events. To better understand these events, it is important to establish a high-precision chronostratigraphic framework. An astronomical time scale can be created by the identified Milankovitch cycles in well-preserved stratigraphic successions. Duibian B section in Jiangshan (Zhejiang Province, China) is the global stratotype section and point (GSSP) for the Jiangshanian Stage, and this section provides well-preserved records covering the upper Paibian to lower Jiangshanian stages. In this study, we use high-resolution magnetic susceptibility record to conduct cyclostratigraphic analysis of the Duibian B section. Our results indicate that the 2.44 m, 0.84–0.73 m, 0.20–0.19 m, and 0.12–0.09 m sedimentary cycles may represent long-eccentricity, short-eccentricity, obliquity, and precession cycles, respectively. Using the stable 405-kyr eccentricity cycles, we constructed an ∼5.96 Myr floating astronomical time scale to calibrate agnostoid trilobite zones. In addition, we reconstructed the precession rate k from geological records, and our result provides an insight into the Earth-Moon distance and length of day in the late Cambrian (Paibian–Jiangshanian, ∼494.2 Ma). It enriches our understanding of the Earth-Moon evolutionary history in deep time.