diff --git a/internal/appctx/context.go b/internal/appctx/context.go
index 4dfaa7d29..2faa4b86a 100644
--- a/internal/appctx/context.go
+++ b/internal/appctx/context.go
@@ -134,7 +134,7 @@ func NewApp(cfg *config.Config) *App {
 	}
 	sdkOptions := []basecamp.ClientOption{
 		basecamp.WithHooks(hooks),
-		basecamp.WithTransport(transport),
+		basecamp.WithTransport(gatingHooks.Transport(transport)),
 		basecamp.WithUserAgent(version.UserAgent() + " " + basecamp.DefaultUserAgent),
 	}
 	sdkClient := basecamp.NewClient(sdkCfg, &authAdapter{mgr: authMgr}, sdkOptions...)
diff --git a/internal/resilience/hooks.go b/internal/resilience/hooks.go
index 05ef17fef..e8dd74ebb 100644
--- a/internal/resilience/hooks.go
+++ b/internal/resilience/hooks.go
@@ -93,6 +93,7 @@ func (h *GatingHooks) OnOperationGate(ctx context.Context, op basecamp.Operation
 		if err := h.rateLimiter.waitSince(ctx, start, deadline); err != nil {
 			return ctx, err
 		}
+		ctx = withPrepaidRequest(ctx)
 	}
 
 	// Acquire bulkhead slot (PID-based, released in OnOperationEnd)
diff --git a/internal/resilience/rate_limiter.go b/internal/resilience/rate_limiter.go
index 7e9931d04..afd858ef5 100644
--- a/internal/resilience/rate_limiter.go
+++ b/internal/resilience/rate_limiter.go
@@ -118,6 +118,44 @@ func (rl *RateLimiter) take() (allowed bool, wait time.Duration, blocked bool) {
 	return allowed, wait, blocked
 }
 
+func (rl *RateLimiter) takeToken() (allowed bool, wait time.Duration) {
+	err := rl.store.Update(func(state *State) error {
+		now := rl.now()
+		rl.refill(&state.RateLimiter, now)
+		if state.RateLimiter.Tokens >= rl.config.TokensPerRequest {
+			state.RateLimiter.Tokens -= rl.config.TokensPerRequest
+			allowed = true
+		} else {
+			deficit := rl.config.TokensPerRequest - state.RateLimiter.Tokens
+			wait = time.Duration(deficit / rl.config.RefillRate * float64(time.Second))
+		}
+		state.UpdatedAt = now
+		return nil
+	})
+	if err != nil {
+		return true, 0
+	}
+	return allowed, wait
+}
+
+func (rl *RateLimiter) Pace(ctx context.Context) error {
+	for {
+		if err := ctx.Err(); err != nil {
+			return err
+		}
+		allowed, wait := rl.takeToken() //nolint:contextcheck // lock acquisition is context-independent by design
+		if allowed {
+			return nil
+		}
+		if rl.onWait != nil {
+			rl.onWait()
+		}
+		if err := pause(ctx, jittered(max(wait, minRefillWait))); err != nil {
+			return err
+		}
+	}
+}
+
 // minRefillWait floors the sleep between token attempts: a deficit of a few
 // microseconds is not worth a wakeup, and under contention the refill is
 // consumed by whichever process reaches the lock first anyway.
diff --git a/internal/resilience/transport.go b/internal/resilience/transport.go
new file mode 100644
index 000000000..74083ba57
--- /dev/null
+++ b/internal/resilience/transport.go
@@ -0,0 +1,45 @@
+package resilience
+
+import (
+	"context"
+	"net/http"
+	"sync/atomic"
+)
+
+type prepaidKey struct{}
+
+func withPrepaidRequest(ctx context.Context) context.Context {
+	prepaid := &atomic.Bool{}
+	prepaid.Store(true)
+	return context.WithValue(ctx, prepaidKey{}, prepaid)
+}
+
+func spendPrepaidRequest(ctx context.Context) bool {
+	prepaid, ok := ctx.Value(prepaidKey{}).(*atomic.Bool)
+	return ok && prepaid.CompareAndSwap(true, false)
+}
+
+type pacedTransport struct {
+	base        http.RoundTripper
+	rateLimiter *RateLimiter
+}
+
+func (t *pacedTransport) RoundTrip(req *http.Request) (*http.Response, error) {
+	ctx := req.Context()
+	if !spendPrepaidRequest(ctx) {
+		if err := t.rateLimiter.Pace(ctx); err != nil {
+			if req.Body != nil {
+				_ = req.Body.Close()
+			}
+			return nil, err
+		}
+	}
+	return t.base.RoundTrip(req)
+}
+
+func (h *GatingHooks) Transport(base http.RoundTripper) http.RoundTripper {
+	if h.rateLimiter == nil {
+		return base
+	}
+	return &pacedTransport{base: base, rateLimiter: h.rateLimiter}
+}
diff --git a/internal/resilience/transport_test.go b/internal/resilience/transport_test.go
new file mode 100644
index 000000000..db69337d0
--- /dev/null
+++ b/internal/resilience/transport_test.go
@@ -0,0 +1,213 @@
+package resilience
+
+import (
+	"context"
+	"encoding/json"
+	"fmt"
+	"io"
+	"net/http"
+	"net/http/httptest"
+	"strconv"
+	"strings"
+	"sync/atomic"
+	"testing"
+	"time"
+
+	"github.com/basecamp/basecamp-sdk/go/pkg/basecamp"
+	"github.com/stretchr/testify/assert"
+	"github.com/stretchr/testify/require"
+)
+
+func recordingsServer(t *testing.T, pages int, failFirst int) (*httptest.Server, *atomic.Int32) {
+	t.Helper()
+	var hits atomic.Int32
+	var failures atomic.Int32
+	var srv *httptest.Server
+	srv = httptest.NewServer(http.HandlerFunc(func(w http.ResponseWriter, r *http.Request) {
+		hits.Add(1)
+		if int(failures.Add(1)) <= failFirst {
+			w.WriteHeader(http.StatusServiceUnavailable)
+			return
+		}
+		page, _ := strconv.Atoi(r.URL.Query().Get("page"))
+		if page == 0 {
+			page = 1
+		}
+		if page < pages {
+			q := r.URL.Query()
+			q.Set("page", strconv.Itoa(page+1))
+			w.Header().Set("Link", fmt.Sprintf("<%s%s?%s>; rel=\"next\"", srv.URL, r.URL.Path, q.Encode()))
+		}
+		w.Header().Set("Content-Type", "application/json")
+		_ = json.NewEncoder(w).Encode([]map[string]any{{
+			"id": page, "status": "active", "type": "Todo", "title": "t",
+			"created_at": "2026-01-01T00:00:00Z", "updated_at": "2026-01-01T00:00:00Z",
+		}})
+	}))
+	t.Cleanup(srv.Close)
+	return srv, &hits
+}
+
+func pacedClient(t *testing.T, baseURL string, opts ...basecamp.ClientOption) (*basecamp.AccountClient, *RateLimiter) {
+	t.Helper()
+	cfg := DefaultConfig()
+	cfg.RateLimiter.MaxTokens = 100
+	cfg.RateLimiter.RefillRate = 0.0001
+	hooks := NewGatingHooksFromConfig(NewStore(t.TempDir()), cfg)
+	opts = append([]basecamp.ClientOption{
+		basecamp.WithHooks(hooks),
+		basecamp.WithTransport(hooks.Transport(http.DefaultTransport)),
+	}, opts...)
+	client := basecamp.NewClient(&basecamp.Config{BaseURL: baseURL}, &basecamp.StaticTokenProvider{Token: "test-token"}, opts...)
+	return client.ForAccount("99999"), hooks.rateLimiter
+}
+
+func tokensSpent(t *testing.T, rl *RateLimiter, run func()) float64 {
+	t.Helper()
+	before, err := rl.Tokens()
+	require.NoError(t, err)
+	run()
+	after, err := rl.Tokens()
+	require.NoError(t, err)
+	return before - after
+}
+
+func TestEveryPageOfAWalkSpendsAToken(t *testing.T) {
+	srv, hits := recordingsServer(t, 5, 0)
+	account, rl := pacedClient(t, srv.URL)
+
+	spent := tokensSpent(t, rl, func() {
+		result, err := account.Recordings().List(context.Background(), basecamp.RecordingTypeTodo, &basecamp.RecordingsListOptions{Limit: -1})
+		require.NoError(t, err)
+		require.Len(t, result.Recordings, 5)
+	})
+
+	assert.Equal(t, int32(5), hits.Load())
+	assert.InDelta(t, 5, spent, 0.01)
+}
+
+func TestARawRequestSpendsAToken(t *testing.T) {
+	srv, hits := recordingsServer(t, 1, 0)
+	account, rl := pacedClient(t, srv.URL)
+
+	spent := tokensSpent(t, rl, func() {
+		for range 3 {
+			_, err := account.Get(context.Background(), "/projects/recordings.json?type=Todo")
+			require.NoError(t, err)
+		}
+	})
+
+	assert.Equal(t, int32(3), hits.Load())
+	assert.InDelta(t, 3, spent, 0.01)
+}
+
+func TestARetrySpendsAToken(t *testing.T) {
+	srv, hits := recordingsServer(t, 1, 1)
+	account, rl := pacedClient(t, srv.URL, basecamp.WithBaseDelay(time.Millisecond))
+
+	spent := tokensSpent(t, rl, func() {
+		_, err := account.Get(context.Background(), "/projects/recordings.json?type=Todo")
+		require.NoError(t, err)
+	})
+
+	assert.Equal(t, int32(2), hits.Load())
+	assert.InDelta(t, 2, spent, 0.01)
+}
+
+func TestARetriedOperationSpendsATokenPerAttempt(t *testing.T) {
+	srv, hits := recordingsServer(t, 1, 1)
+	account, rl := pacedClient(t, srv.URL, basecamp.WithBaseDelay(time.Millisecond))
+
+	spent := tokensSpent(t, rl, func() {
+		_, err := account.Recordings().List(context.Background(), basecamp.RecordingTypeTodo, nil)
+		require.NoError(t, err)
+	})
+
+	assert.Equal(t, int32(2), hits.Load())
+	assert.InDelta(t, 2, spent, 0.01)
+}
+
+type closeRecorder struct {
+	io.Reader
+	closed atomic.Bool
+}
+
+func (c *closeRecorder) Close() error {
+	c.closed.Store(true)
+	return nil
+}
+
+func TestACanceledPaceClosesTheRequestBodyAndSendsNothing(t *testing.T) {
+	var hits atomic.Int32
+	srv := httptest.NewServer(http.HandlerFunc(func(http.ResponseWriter, *http.Request) { hits.Add(1) }))
+	t.Cleanup(srv.Close)
+
+	rl := NewRateLimiter(NewStore(t.TempDir()), RateLimiterConfig{MaxTokens: 1, RefillRate: 0.0001, TokensPerRequest: 1})
+	require.NoError(t, rl.Pace(context.Background()))
+	transport := (&GatingHooks{rateLimiter: rl}).Transport(http.DefaultTransport)
+
+	ctx, cancel := context.WithCancel(context.Background())
+	previousPause := pause
+	pause = func(ctx context.Context, d time.Duration) error {
+		cancel()
+		return previousPause(ctx, d)
+	}
+	t.Cleanup(func() { pause = previousPause })
+
+	body := &closeRecorder{Reader: strings.NewReader("{}")}
+	req, err := http.NewRequestWithContext(ctx, http.MethodPost, srv.URL, body)
+	require.NoError(t, err)
+
+	resp, err := transport.RoundTrip(req)
+	if resp != nil {
+		_ = resp.Body.Close()
+	}
+
+	assert.ErrorIs(t, err, context.Canceled)
+	assert.True(t, body.closed.Load())
+	assert.Equal(t, int32(0), hits.Load())
+}
+
+func TestASinglePageOperationSpendsOneToken(t *testing.T) {
+	srv, hits := recordingsServer(t, 1, 0)
+	account, rl := pacedClient(t, srv.URL)
+
+	spent := tokensSpent(t, rl, func() {
+		_, err := account.Recordings().List(context.Background(), basecamp.RecordingTypeTodo, nil)
+		require.NoError(t, err)
+	})
+
+	assert.Equal(t, int32(1), hits.Load())
+	assert.InDelta(t, 1, spent, 0.01)
+}
+
+func TestPaceWaitsForARefillInsteadOfFailing(t *testing.T) {
+	clock := holdClock(t, 0)
+	rl := NewRateLimiter(NewStore(t.TempDir()), RateLimiterConfig{MaxTokens: 1, RefillRate: 2, TokensPerRequest: 1})
+	rl.clock = clock.Now
+	start := clock.Now()
+	waits := 0
+	rl.onWait = func() { waits++ }
+
+	require.NoError(t, rl.Pace(context.Background()))
+	require.NoError(t, rl.Pace(context.Background()))
+	require.NoError(t, rl.Pace(context.Background()))
+
+	assert.Equal(t, 2, waits)
+	assert.Equal(t, start.Add(time.Second), clock.Now())
+}
+
+func TestPaceStopsWhenTheCallerCancels(t *testing.T) {
+	rl := NewRateLimiter(NewStore(t.TempDir()), RateLimiterConfig{MaxTokens: 1, RefillRate: 0.0001, TokensPerRequest: 1})
+	require.NoError(t, rl.Pace(context.Background()))
+
+	ctx, cancel := context.WithCancel(context.Background())
+	previousPause := pause
+	pause = func(ctx context.Context, d time.Duration) error {
+		cancel()
+		return previousPause(ctx, d)
+	}
+	t.Cleanup(func() { pause = previousPause })
+
+	assert.ErrorIs(t, rl.Pace(ctx), context.Canceled)
+}