The invention relates to a device and a method for continuously measuring the arrival time of a photon sequence. The device comprises a single photon detector, a preamplifier, a constant ratio discriminator, an atomic clock, a counter, a time-to-digital converter, a controller, a memory unit and a computer, wherein the output end of the constant ratio discriminator is connected with the controller; a square-wave pulse output by the atomic clock is used as a counting object of the counter and is transmitted into the time-to-digital converter; the rising edge of the square-wave pulse is used as a start signal of the time-to-digital converter, and the rising edge of a digital pulse signal is used as a stop signal of the time-to-digital converter; and the control end of the controller is respectively connected with the counter, a digit converter and the memory unit and used for controlling the synchronous storage of rough measuring time and fine measuring time into the memory unit. The invention solves the technical problems of continuous measurement incapability, narrow measurement range and limited application range of a traditional photon sequence arrival time measuring device, and the device has a wide measurement range and high accuracy in measuring the photon arrival time.