diff --git a/main-loop.c b/main-loop.c
index 1c38ea2b9397550b460acd46955f42bae5989d37..c3c9c28fbab786e0c50a5d1882d155680f0d46b9 100644
--- a/main-loop.c
+++ b/main-loop.c
@@ -466,8 +466,7 @@ int main_loop_wait(int nonblocking)
     g_array_set_size(gpollfds, 0); /* reset for new iteration */
     /* XXX: separate device handlers from system ones */
 #ifdef CONFIG_SLIRP
-    slirp_update_timeout(&timeout);
-    slirp_pollfds_fill(gpollfds);
+    slirp_pollfds_fill(gpollfds, &timeout);
 #endif
     qemu_iohandler_fill(gpollfds);
 
diff --git a/slirp/libslirp.h b/slirp/libslirp.h
index ceabff81b2cc85f4453a262ddb0a6285bd2aac33..5bdcbd50f7ec4acc41b4017d8f538d2f3127a4b2 100644
--- a/slirp/libslirp.h
+++ b/slirp/libslirp.h
@@ -16,8 +16,7 @@ Slirp *slirp_init(int restricted, struct in_addr vnetwork,
                   void *opaque);
 void slirp_cleanup(Slirp *slirp);
 
-void slirp_update_timeout(uint32_t *timeout);
-void slirp_pollfds_fill(GArray *pollfds);
+void slirp_pollfds_fill(GArray *pollfds, uint32_t *timeout);
 
 void slirp_pollfds_poll(GArray *pollfds, int select_error);
 
diff --git a/slirp/slirp.c b/slirp/slirp.c
index 5c3dabba9342ebd8eea1bf9d144d864c4d340416..bad8dad02e97e5350bf966dfa627ccd862d3edd2 100644
--- a/slirp/slirp.c
+++ b/slirp/slirp.c
@@ -40,8 +40,6 @@ static const uint8_t special_ethaddr[ETH_ALEN] = {
 static const uint8_t zero_ethaddr[ETH_ALEN] = { 0, 0, 0, 0, 0, 0 };
 
 u_int curtime;
-static u_int time_fasttimo, last_slowtimo;
-static int do_slowtimo;
 
 static QTAILQ_HEAD(slirp_instances, Slirp) slirp_instances =
     QTAILQ_HEAD_INITIALIZER(slirp_instances);
@@ -49,6 +47,11 @@ static QTAILQ_HEAD(slirp_instances, Slirp) slirp_instances =
 static struct in_addr dns_addr;
 static u_int dns_addr_time;
 
+#define TIMEOUT_FAST 2  /* milliseconds */
+#define TIMEOUT_SLOW 499  /* milliseconds */
+/* for the aging of certain requests like DNS */
+#define TIMEOUT_DEFAULT 1000  /* milliseconds */
+
 #ifdef _WIN32
 
 int get_dns_addr(struct in_addr *pdns_addr)
@@ -59,7 +62,7 @@ int get_dns_addr(struct in_addr *pdns_addr)
     IP_ADDR_STRING *pIPAddr;
     struct in_addr tmp_addr;
 
-    if (dns_addr.s_addr != 0 && (curtime - dns_addr_time) < 1000) {
+    if (dns_addr.s_addr != 0 && (curtime - dns_addr_time) < TIMEOUT_DEFAULT) {
         *pdns_addr = dns_addr;
         return 0;
     }
@@ -115,7 +118,7 @@ int get_dns_addr(struct in_addr *pdns_addr)
 
     if (dns_addr.s_addr != 0) {
         struct stat old_stat;
-        if ((curtime - dns_addr_time) < 1000) {
+        if ((curtime - dns_addr_time) < TIMEOUT_DEFAULT) {
             *pdns_addr = dns_addr;
             return 0;
         }
@@ -259,14 +262,33 @@ void slirp_cleanup(Slirp *slirp)
 #define CONN_CANFSEND(so) (((so)->so_state & (SS_FCANTSENDMORE|SS_ISFCONNECTED)) == SS_ISFCONNECTED)
 #define CONN_CANFRCV(so) (((so)->so_state & (SS_FCANTRCVMORE|SS_ISFCONNECTED)) == SS_ISFCONNECTED)
 
-void slirp_update_timeout(uint32_t *timeout)
+static void slirp_update_timeout(uint32_t *timeout)
 {
-    if (!QTAILQ_EMPTY(&slirp_instances)) {
-        *timeout = MIN(1000, *timeout);
+    Slirp *slirp;
+    uint32_t t;
+
+    if (*timeout <= TIMEOUT_FAST) {
+        return;
+    }
+
+    t = MIN(1000, *timeout);
+
+    /* If we have tcp timeout with slirp, then we will fill @timeout with
+     * more precise value.
+     */
+    QTAILQ_FOREACH(slirp, &slirp_instances, entry) {
+        if (slirp->time_fasttimo) {
+            *timeout = TIMEOUT_FAST;
+            return;
+        }
+        if (slirp->do_slowtimo) {
+            t = MIN(TIMEOUT_SLOW, t);
+        }
     }
+    *timeout = t;
 }
 
-void slirp_pollfds_fill(GArray *pollfds)
+void slirp_pollfds_fill(GArray *pollfds, uint32_t *timeout)
 {
     Slirp *slirp;
     struct socket *so, *so_next;
@@ -278,14 +300,13 @@ void slirp_pollfds_fill(GArray *pollfds)
     /*
      * First, TCP sockets
      */
-    do_slowtimo = 0;
 
     QTAILQ_FOREACH(slirp, &slirp_instances, entry) {
         /*
          * *_slowtimo needs calling if there are IP fragments
          * in the fragment queue, or there are TCP connections active
          */
-        do_slowtimo |= ((slirp->tcb.so_next != &slirp->tcb) ||
+        slirp->do_slowtimo = ((slirp->tcb.so_next != &slirp->tcb) ||
                 (&slirp->ipq.ip_link != slirp->ipq.ip_link.next));
 
         for (so = slirp->tcb.so_next; so != &slirp->tcb;
@@ -299,8 +320,9 @@ void slirp_pollfds_fill(GArray *pollfds)
             /*
              * See if we need a tcp_fasttimo
              */
-            if (time_fasttimo == 0 && so->so_tcpcb->t_flags & TF_DELACK) {
-                time_fasttimo = curtime; /* Flag when we want a fasttimo */
+            if (slirp->time_fasttimo == 0 &&
+                so->so_tcpcb->t_flags & TF_DELACK) {
+                slirp->time_fasttimo = curtime; /* Flag when want a fasttimo */
             }
 
             /*
@@ -381,7 +403,7 @@ void slirp_pollfds_fill(GArray *pollfds)
                     udp_detach(so);
                     continue;
                 } else {
-                    do_slowtimo = 1; /* Let socket expire */
+                    slirp->do_slowtimo = true; /* Let socket expire */
                 }
             }
 
@@ -422,7 +444,7 @@ void slirp_pollfds_fill(GArray *pollfds)
                     icmp_detach(so);
                     continue;
                 } else {
-                    do_slowtimo = 1; /* Let socket expire */
+                    slirp->do_slowtimo = true; /* Let socket expire */
                 }
             }
 
@@ -436,6 +458,7 @@ void slirp_pollfds_fill(GArray *pollfds)
             }
         }
     }
+    slirp_update_timeout(timeout);
 }
 
 void slirp_pollfds_poll(GArray *pollfds, int select_error)
@@ -454,14 +477,16 @@ void slirp_pollfds_poll(GArray *pollfds, int select_error)
         /*
          * See if anything has timed out
          */
-        if (time_fasttimo && ((curtime - time_fasttimo) >= 2)) {
+        if (slirp->time_fasttimo &&
+            ((curtime - slirp->time_fasttimo) >= TIMEOUT_FAST)) {
             tcp_fasttimo(slirp);
-            time_fasttimo = 0;
+            slirp->time_fasttimo = 0;
         }
-        if (do_slowtimo && ((curtime - last_slowtimo) >= 499)) {
+        if (slirp->do_slowtimo &&
+            ((curtime - slirp->last_slowtimo) >= TIMEOUT_SLOW)) {
             ip_slowtimo(slirp);
             tcp_slowtimo(slirp);
-            last_slowtimo = curtime;
+            slirp->last_slowtimo = curtime;
         }
 
         /*
diff --git a/slirp/slirp.h b/slirp/slirp.h
index fe0e65d0eee0bd1442caf2a8df3a67a8d6fd28b3..e4a1bd4abb19e9e24759edd633d1db119a8313b3 100644
--- a/slirp/slirp.h
+++ b/slirp/slirp.h
@@ -203,6 +203,9 @@ bool arp_table_search(Slirp *slirp, uint32_t ip_addr,
 
 struct Slirp {
     QTAILQ_ENTRY(Slirp) entry;
+    u_int time_fasttimo;
+    u_int last_slowtimo;
+    bool do_slowtimo;
 
     /* virtual network configuration */
     struct in_addr vnetwork_addr;
diff --git a/stubs/slirp.c b/stubs/slirp.c
index f1fc833f7aa9e981e2b9913e87bff2749af5f8a9..bd0ac7f27de4374c447f983cea8ebd2209e20fff 100644
--- a/stubs/slirp.c
+++ b/stubs/slirp.c
@@ -1,11 +1,7 @@
 #include "qemu-common.h"
 #include "slirp/slirp.h"
 
-void slirp_update_timeout(uint32_t *timeout)
-{
-}
-
-void slirp_pollfds_fill(GArray *pollfds)
+void slirp_pollfds_fill(GArray *pollfds, uint32_t *timeout)
 {
 }