diff --git a/proxy/src/compute.rs b/proxy/src/compute.rs
index 149a619316..44d85c2952 100644
--- a/proxy/src/compute.rs
+++ b/proxy/src/compute.rs
@@ -260,7 +260,9 @@ impl ConnCfg {
         aux: MetricsAuxInfo,
         timeout: Duration,
     ) -> Result<PostgresConnection, ConnectionError> {
+        let pause = ctx.latency_timer.pause(crate::metrics::Waiting::Compute);
         let (socket_addr, stream, host) = self.connect_raw(timeout).await?;
+        drop(pause);
 
         let tls_connector = native_tls::TlsConnector::builder()
             .danger_accept_invalid_certs(allow_self_signed_compute)
@@ -270,7 +272,9 @@ impl ConnCfg {
         let tls = MakeTlsConnect::<tokio::net::TcpStream>::make_tls_connect(&mut mk_tls, host)?;
 
         // connect_raw() will not use TLS if sslmode is "disable"
+        let pause = ctx.latency_timer.pause(crate::metrics::Waiting::Compute);
         let (client, connection) = self.0.connect_raw(stream, tls).await?;
+        drop(pause);
         tracing::Span::current().record("pid", &tracing::field::display(client.get_process_id()));
         let stream = connection.stream.into_inner();
 
diff --git a/proxy/src/metrics.rs b/proxy/src/metrics.rs
index 530350008c..c129ece059 100644
--- a/proxy/src/metrics.rs
+++ b/proxy/src/metrics.rs
@@ -284,6 +284,8 @@ pub struct ComputeConnectionLatencyGroup {
 pub enum LatencyExclusions {
     Client,
     ClientAndCplane,
+    ClientCplaneCompute,
+    ClientCplaneComputeRetry,
 }
 
 #[derive(FixedCardinalityLabel, Copy, Clone)]
@@ -352,6 +354,7 @@ pub enum Waiting {
     Cplane,
     Client,
     Compute,
+    RetryTimeout,
 }
 
 #[derive(Default)]
@@ -359,6 +362,7 @@ struct Accumulated {
     cplane: time::Duration,
     client: time::Duration,
     compute: time::Duration,
+    retry: time::Duration,
 }
 
 pub struct LatencyTimer {
@@ -421,6 +425,7 @@ impl Drop for LatencyTimerPause<'_> {
             Waiting::Cplane => self.timer.accumulated.cplane += dur,
             Waiting::Client => self.timer.accumulated.client += dur,
             Waiting::Compute => self.timer.accumulated.compute += dur,
+            Waiting::RetryTimeout => self.timer.accumulated.retry += dur,
         }
     }
 }
@@ -464,6 +469,34 @@ impl Drop for LatencyTimer {
             },
             duration.saturating_sub(accumulated_total).as_secs_f64(),
         );
+
+        // Exclude client cplane, compue communication from the accumulated time.
+        let accumulated_total =
+            self.accumulated.client + self.accumulated.cplane + self.accumulated.compute;
+        metric.observe(
+            ComputeConnectionLatencyGroup {
+                protocol: self.protocol,
+                cold_start_info: self.cold_start_info,
+                outcome: self.outcome,
+                excluded: LatencyExclusions::ClientCplaneCompute,
+            },
+            duration.saturating_sub(accumulated_total).as_secs_f64(),
+        );
+
+        // Exclude client cplane, compue, retry communication from the accumulated time.
+        let accumulated_total = self.accumulated.client
+            + self.accumulated.cplane
+            + self.accumulated.compute
+            + self.accumulated.retry;
+        metric.observe(
+            ComputeConnectionLatencyGroup {
+                protocol: self.protocol,
+                cold_start_info: self.cold_start_info,
+                outcome: self.outcome,
+                excluded: LatencyExclusions::ClientCplaneComputeRetry,
+            },
+            duration.saturating_sub(accumulated_total).as_secs_f64(),
+        );
     }
 }
 
diff --git a/proxy/src/proxy/connect_compute.rs b/proxy/src/proxy/connect_compute.rs
index 8a220aaa0c..f561085588 100644
--- a/proxy/src/proxy/connect_compute.rs
+++ b/proxy/src/proxy/connect_compute.rs
@@ -194,6 +194,10 @@ where
         let wait_duration = retry_after(num_retries, connect_to_compute_retry_config);
         num_retries += 1;
 
+        let pause = ctx
+            .latency_timer
+            .pause(crate::metrics::Waiting::RetryTimeout);
         time::sleep(wait_duration).await;
+        drop(pause);
     }
 }
diff --git a/proxy/src/proxy/wake_compute.rs b/proxy/src/proxy/wake_compute.rs
index cfedf0e98a..cb9a293413 100644
--- a/proxy/src/proxy/wake_compute.rs
+++ b/proxy/src/proxy/wake_compute.rs
@@ -54,7 +54,11 @@ pub async fn wake_compute<B: ComputeConnectBackend>(
 
         let wait_duration = retry_after(*num_retries, config);
         *num_retries += 1;
+        let pause = ctx
+            .latency_timer
+            .pause(crate::metrics::Waiting::RetryTimeout);
         tokio::time::sleep(wait_duration).await;
+        drop(pause);
     }
 }
 
diff --git a/proxy/src/serverless/backend.rs b/proxy/src/serverless/backend.rs
index b91c0e62ed..c89ebc3251 100644
--- a/proxy/src/serverless/backend.rs
+++ b/proxy/src/serverless/backend.rs
@@ -179,7 +179,9 @@ impl ConnectMechanism for TokioMechanism {
             .dbname(&self.conn_info.dbname)
             .connect_timeout(timeout);
 
+        let pause = ctx.latency_timer.pause(crate::metrics::Waiting::Compute);
         let (client, connection) = config.connect(tokio_postgres::NoTls).await?;
+        drop(pause);
 
         tracing::Span::current().record("pid", &tracing::field::display(client.get_process_id()));
         Ok(poll_client(