diff --git a/ironfish-cli/src/commands/wallet/notes/combine.ts b/ironfish-cli/src/commands/wallet/notes/combine.ts
index b94f2fd89f..87cedbc1e9 100644
--- a/ironfish-cli/src/commands/wallet/notes/combine.ts
+++ b/ironfish-cli/src/commands/wallet/notes/combine.ts
@@ -18,7 +18,11 @@ import { IronFlag, RemoteFlags } from '../../../flags'
 import { getExplorer } from '../../../utils/explorer'
 import { selectFee } from '../../../utils/fees'
 import { fetchNotes } from '../../../utils/note'
-import { getSpendPostTimeInMs } from '../../../utils/spendPostTime'
+import {
+  benchmarkSpendPostTime,
+  getSpendPostTimeInMs,
+  updateSpendPostTimeInMs,
+} from '../../../utils/spendPostTime'
 import {
   displayTransactionSummary,
   TransactionTimer,
@@ -232,7 +236,11 @@ export class CombineNotesCommand extends IronfishCommand {
 
     await this.ensureUserHasEnoughNotesToCombine(client, from)
 
-    const spendPostTime = await getSpendPostTimeInMs(this.sdk, client, from, flags.benchmark)
+    let spendPostTime = getSpendPostTimeInMs(this.sdk)
+
+    if (spendPostTime === 0 || flags.benchmark) {
+      spendPostTime = await benchmarkSpendPostTime(client, from)
+    }
 
     let numberOfNotes = flags.notes
 
@@ -330,6 +338,13 @@ export class CombineNotesCommand extends IronfishCommand {
 
     transactionTimer.end()
 
+    await updateSpendPostTimeInMs(
+      this.sdk,
+      raw,
+      transactionTimer.getStartTime(),
+      transactionTimer.getEndTime(),
+    )
+
     this.log(
       `Combining took ${TimeUtils.renderSpan(
         transactionTimer.getEndTime() - transactionTimer.getStartTime(),
diff --git a/ironfish-cli/src/commands/wallet/send.ts b/ironfish-cli/src/commands/wallet/send.ts
index 84c4d21008..97354acb95 100644
--- a/ironfish-cli/src/commands/wallet/send.ts
+++ b/ironfish-cli/src/commands/wallet/send.ts
@@ -18,7 +18,7 @@ import { selectAsset } from '../../utils/asset'
 import { promptCurrency } from '../../utils/currency'
 import { getExplorer } from '../../utils/explorer'
 import { selectFee } from '../../utils/fees'
-import { getSpendPostTimeInMs } from '../../utils/spendPostTime'
+import { getSpendPostTimeInMs, updateSpendPostTimeInMs } from '../../utils/spendPostTime'
 import {
   displayTransactionSummary,
   TransactionTimer,
@@ -109,11 +109,6 @@ export class Send extends IronfishCommand {
       description: 'The note hashes to include in the transaction',
       multiple: true,
     }),
-    benchmark: Flags.boolean({
-      hidden: true,
-      default: false,
-      description: 'Force run the benchmark to measure the time to combine 1 note',
-    }),
   }
 
   async start(): Promise<void> {
@@ -250,7 +245,7 @@ export class Send extends IronfishCommand {
 
     displayTransactionSummary(raw, assetId, amount, from, to, memo)
 
-    const spendPostTime = await getSpendPostTimeInMs(this.sdk, client, from, flags.benchmark)
+    const spendPostTime = getSpendPostTimeInMs(this.sdk)
 
     const transactionTimer = new TransactionTimer(spendPostTime, raw)
 
@@ -290,6 +285,13 @@ export class Send extends IronfishCommand {
       )}`,
     )
 
+    await updateSpendPostTimeInMs(
+      this.sdk,
+      raw,
+      transactionTimer.getStartTime(),
+      transactionTimer.getEndTime(),
+    )
+
     if (response.content.accepted === false) {
       this.warn(
         `Transaction '${transaction.hash().toString('hex')}' was not accepted into the mempool`,
diff --git a/ironfish-cli/src/utils/spendPostTime.ts b/ironfish-cli/src/utils/spendPostTime.ts
index 903b75cf6d..cf43bb5067 100644
--- a/ironfish-cli/src/utils/spendPostTime.ts
+++ b/ironfish-cli/src/utils/spendPostTime.ts
@@ -7,6 +7,7 @@ import {
   CurrencyUtils,
   EstimateFeeRatesResponse,
   IronfishSdk,
+  RawTransaction,
   RawTransactionSerde,
   RpcClient,
   RpcResponseEnded,
@@ -15,38 +16,31 @@ import {
 import { CliUx } from '@oclif/core'
 import { fetchNotes } from './note'
 
-export async function getSpendPostTimeInMs(
+export async function updateSpendPostTimeInMs(
   sdk: IronfishSdk,
-  client: RpcClient,
-  account: string,
-  forceBenchmark: boolean,
-): Promise<number> {
-  try {
-    let spendPostTime = sdk.internal.get('spendPostTime')
-
-    const spendPostTimeAt = sdk.internal.get('spendPostTimeAt')
-
-    const shouldbenchmark =
-      forceBenchmark ||
-      spendPostTime <= 0 ||
-      Date.now() - spendPostTimeAt > 1000 * 60 * 60 * 24 * 30 // 1 month
-
-    if (shouldbenchmark) {
-      spendPostTime = await benchmarkSpendPostTime(client, account)
-
-      sdk.internal.set('spendPostTime', spendPostTime)
-      sdk.internal.set('spendPostTimeAt', Date.now())
-      await sdk.internal.save()
-    }
-
-    return spendPostTime
-  } catch (e) {
-    // if benchmarking fails, return 0. The consumer of this function should not show an estimate
-    return 0
+  raw: RawTransaction,
+  startTime: number,
+  endTime: number,
+) {
+  const totalTime = endTime - startTime
+  const transactionSpendPostTime = Math.ceil(totalTime / raw.spends.length)
+  let spendPostTime = sdk.internal.get('spendPostTime')
+  if (transactionSpendPostTime > spendPostTime) {
+    spendPostTime = transactionSpendPostTime
+    sdk.internal.set('spendPostTime', spendPostTime)
+    sdk.internal.set('spendPostTimeAt', Date.now())
+    await sdk.internal.save()
   }
 }
 
-async function benchmarkSpendPostTime(client: RpcClient, account: string): Promise<number> {
+export function getSpendPostTimeInMs(sdk: IronfishSdk): number {
+  return sdk.internal.get('spendPostTime')
+}
+
+export async function benchmarkSpendPostTime(
+  client: RpcClient,
+  account: string,
+): Promise<number> {
   const publicKey = (
     await client.wallet.getAccountPublicKey({
       account: account,
diff --git a/ironfish-cli/src/utils/transaction.ts b/ironfish-cli/src/utils/transaction.ts
index 3a249cde9f..6fcb46967e 100644
--- a/ironfish-cli/src/utils/transaction.ts
+++ b/ironfish-cli/src/utils/transaction.ts
@@ -50,7 +50,10 @@ export class TransactionTimer {
   }
 
   start() {
+    this.startTime = Date.now()
+
     if (this.estimateInMs <= 0) {
+      CliUx.ux.action.start('Sending the transaction')
       return
     }
 
@@ -58,8 +61,6 @@ export class TransactionTimer {
       format: '{title}: [{bar}] {percentage}% | {estimate}',
     }) as ProgressBar
 
-    this.startTime = performance.now()
-
     this.progressBar.start(100, 0, {
       title: 'Sending the transaction',
       estimate: TimeUtils.renderSpan(this.estimateInMs, { hideMilliseconds: true }),
@@ -69,7 +70,7 @@ export class TransactionTimer {
       if (!this.progressBar || !this.startTime) {
         return
       }
-      const durationInMs = performance.now() - this.startTime
+      const durationInMs = Date.now() - this.startTime
       const timeRemaining = this.estimateInMs - durationInMs
       const progress = Math.round((durationInMs / this.estimateInMs) * 100)
 
@@ -80,18 +81,23 @@ export class TransactionTimer {
   }
 
   end() {
-    if (this.estimateInMs <= 0) {
+    if (!this.startTime) {
+      // transaction timer has not been started
       return
     }
 
-    if (!this.progressBar || !this.startTime || !this.timer) {
+    this.endTime = Date.now()
+
+    if (!this.progressBar || !this.timer || this.estimateInMs <= 0) {
+      CliUx.ux.action.stop()
       return
     }
 
     clearInterval(this.timer)
-    this.progressBar.update(100)
+    this.progressBar.update(100, {
+      estimate: 'done',
+    })
     this.progressBar.stop()
-    this.endTime = performance.now()
   }
 }