diff --git a/freqtrade/rpc/external_message_consumer.py b/freqtrade/rpc/external_message_consumer.py
index e86f44c17..b978407e4 100644
--- a/freqtrade/rpc/external_message_consumer.py
+++ b/freqtrade/rpc/external_message_consumer.py
@@ -264,10 +264,10 @@ class ExternalMessageConsumer:
                 # We haven't received data yet. Check the connection and continue.
                 try:
                     # ping
-                    ping = await channel.ping()
+                    pong = await channel.ping()
+                    latency = (await asyncio.wait_for(pong, timeout=self.ping_timeout) * 1000)
 
-                    await asyncio.wait_for(ping, timeout=self.ping_timeout)
-                    logger.debug(f"Connection to {channel} still alive...")
+                    logger.info(f"Connection to {channel} still alive, latency: {latency}ms")
 
                     continue
                 except (websockets.exceptions.ConnectionClosed):
@@ -276,7 +276,7 @@ class ExternalMessageConsumer:
                     await asyncio.sleep(self.sleep_time)
                     break
                 except Exception as e:
-                    logger.warning(f"Ping error {channel} - retrying in {self.sleep_time}s")
+                    logger.warning(f"Ping error {channel} - {e} - retrying in {self.sleep_time}s")
                     logger.debug(e, exc_info=e)
                     await asyncio.sleep(self.sleep_time)
 
diff --git a/scripts/ws_client.py b/scripts/ws_client.py
index 40b5cf466..090039cde 100644
--- a/scripts/ws_client.py
+++ b/scripts/ws_client.py
@@ -240,12 +240,10 @@ async def create_client(
                     ):
                         # Try pinging
                         try:
-                            pong = ws.ping()
-                            await asyncio.wait_for(
-                                pong,
-                                timeout=ping_timeout
-                            )
-                            logger.info("Connection still alive...")
+                            pong = await ws.ping()
+                            latency = (await asyncio.wait_for(pong, timeout=ping_timeout) * 1000)
+
+                            logger.info(f"Connection still alive, latency: {latency}ms")
 
                             continue