diff --git a/packages/toolkit/src/query/fetchBaseQuery.ts b/packages/toolkit/src/query/fetchBaseQuery.ts
index 35c7d0c686..5207ec5bc3 100644
--- a/packages/toolkit/src/query/fetchBaseQuery.ts
+++ b/packages/toolkit/src/query/fetchBaseQuery.ts
@@ -26,6 +26,9 @@ export interface FetchArgs extends CustomRequestInit {
   body?: any
   responseHandler?: ResponseHandler
   validateStatus?: (response: Response, body: any) => boolean
+  /**
+   * A number in milliseconds that represents that maximum time a request can take before timing out.
+   */
   timeout?: number
 }
 
@@ -129,11 +132,8 @@ export type FetchBaseQueryArgs = {
    * Defaults to `application/json`;
    */
   jsonContentType?: string
-  /**
-   * A number in milliseconds that represents that maximum time a request can take before timing out.
-   */
-  timeout?: number
-} & RequestInit
+} & RequestInit &
+  Pick<FetchArgs, 'responseHandler' | 'validateStatus' | 'timeout'>
 
 export type FetchBaseQueryMeta = { request: Request; response?: Response }
 
@@ -189,6 +189,7 @@ export function fetchBaseQuery({
   isJsonContentType = defaultIsJsonContentType,
   jsonContentType = 'application/json',
   timeout: defaultTimeout,
+  validateStatus: globalValidateStatus,
   ...baseFetchOptions
 }: FetchBaseQueryArgs = {}): BaseQueryFn<
   string | FetchArgs,
@@ -212,7 +213,7 @@ export function fetchBaseQuery({
       body = undefined,
       params = undefined,
       responseHandler = 'json' as const,
-      validateStatus = defaultValidateStatus,
+      validateStatus = globalValidateStatus ?? defaultValidateStatus,
       timeout = defaultTimeout,
       ...rest
     } = typeof arg == 'string' ? { url: arg } : arg
diff --git a/packages/toolkit/src/query/tests/fetchBaseQuery.test.tsx b/packages/toolkit/src/query/tests/fetchBaseQuery.test.tsx
index d55a35e50e..eab78bd59b 100644
--- a/packages/toolkit/src/query/tests/fetchBaseQuery.test.tsx
+++ b/packages/toolkit/src/query/tests/fetchBaseQuery.test.tsx
@@ -868,6 +868,89 @@ describe('fetchBaseQuery', () => {
     expect(request.headers['delete']).toBe(defaultHeaders['delete'])
     expect(request.headers['delete2']).toBe(defaultHeaders['delete2'])
   })
+
+  describe('Accepts global arguments', () => {
+    test('Global responseHandler', async () => {
+      server.use(
+        rest.get('https://example.com/success', (_, res, ctx) =>
+          res.once(ctx.text(`this is not json!`))
+        )
+      )
+
+      const globalizedBaseQuery = fetchBaseQuery({
+        baseUrl,
+        fetchFn: fetchFn as any,
+        responseHandler: 'text',
+      })
+
+      const req = globalizedBaseQuery(
+        { url: '/success', responseHandler: 'text' },
+        commonBaseQueryApi,
+        {}
+      )
+      expect(req).toBeInstanceOf(Promise)
+      const res = await req
+      expect(res).toBeInstanceOf(Object)
+      expect(res.meta?.request).toBeInstanceOf(Request)
+      expect(res.meta?.response).toBeInstanceOf(Object)
+      expect(res.data).toEqual(`this is not json!`)
+    })
+
+    test('Global validateStatus', async () => {
+      const globalizedBaseQuery = fetchBaseQuery({
+        baseUrl,
+        fetchFn: fetchFn as any,
+        validateStatus: (response, body) =>
+          response.status === 200 && body.success === false ? false : true,
+      })
+
+      // This is a scenario where an API may always return a 200, but indicates there is an error when success = false
+      const res = await globalizedBaseQuery(
+        {
+          url: '/nonstandard-error',
+        },
+        commonBaseQueryApi,
+        {}
+      )
+
+      expect(res.error).toEqual({
+        status: 200,
+        data: {
+          success: false,
+          message: 'This returns a 200 but is really an error',
+        },
+      })
+    })
+
+    test('Global timeout', async () => {
+      let reject: () => void
+      const donePromise = new Promise((resolve, _reject) => {
+        reject = _reject
+      })
+      server.use(
+        rest.get('https://example.com/empty1', async (req, res, ctx) => {
+          await Promise.race([waitMs(3000), donePromise])
+          return res.once(ctx.json({ ...req, headers: req.headers.all() }))
+        })
+      )
+      const globalizedBaseQuery = fetchBaseQuery({
+        baseUrl,
+        fetchFn: fetchFn as any,
+        timeout: 200,
+      })
+
+      const result = await globalizedBaseQuery(
+        { url: '/empty1' },
+        commonBaseQueryApi,
+        {}
+      )
+      expect(result?.error).toEqual({
+        status: 'TIMEOUT_ERROR',
+        error: 'AbortError: The user aborted a request.',
+      })
+      reject!()
+    })
+  })
 })
 
 describe('fetchFn', () => {
@@ -950,28 +1033,27 @@ describe('still throws on completely unexpected errors', () => {
 })
 
 describe('timeout', () => {
-  it('throws a timeout error when a request takes longer than specified timeout duration', async () => {
-    jest.useFakeTimers('legacy')
-    let result: any
+  test('throws a timeout error when a request takes longer than specified timeout duration', async () => {
+    let reject: () => void
+    const donePromise = new Promise((resolve, _reject) => {
+      reject = _reject
+    })
+
     server.use(
-      rest.get('https://example.com/empty', (req, res, ctx) =>
-        res.once(
-          ctx.delay(3000),
-          ctx.json({ ...req, headers: req.headers.all() })
-        )
-      )
+      rest.get('https://example.com/empty2', async (req, res, ctx) => {
+        await Promise.race([waitMs(3000), donePromise])
+        return res.once(ctx.json({ ...req, headers: req.headers.all() }))
+      })
+    )
+    const result = await baseQuery(
+      { url: '/empty2', timeout: 200 },
+      commonBaseQueryApi,
+      {}
     )
-    Promise.resolve(
-      baseQuery({ url: '/empty', timeout: 2000 }, commonBaseQueryApi, {})
-    ).then((r) => {
-      result = r
-    })
-    await waitMs()
-    jest.runAllTimers()
-    await waitMs()
     expect(result?.error).toEqual({
       status: 'TIMEOUT_ERROR',
       error: 'AbortError: The user aborted a request.',
     })
+    reject!()
   })
 })