diff --git a/staging/src/k8s.io/apiserver/pkg/storage/cacher/cacher.go b/staging/src/k8s.io/apiserver/pkg/storage/cacher/cacher.go
index c553045814d..48791bd7b63 100644
--- a/staging/src/k8s.io/apiserver/pkg/storage/cacher/cacher.go
+++ b/staging/src/k8s.io/apiserver/pkg/storage/cacher/cacher.go
@@ -848,7 +848,8 @@ func (c *Cacher) GetList(ctx context.Context, key string, opts storage.ListOptio
 		preparedKey += "/"
 	}
 	requestWatchProgressSupported := etcdfeature.DefaultFeatureSupportChecker.Supports(storage.RequestWatchProgress)
-	if resourceVersion == "" && utilfeature.DefaultFeatureGate.Enabled(features.ConsistentListFromCache) && requestWatchProgressSupported {
+	consistentRead := resourceVersion == "" && utilfeature.DefaultFeatureGate.Enabled(features.ConsistentListFromCache) && requestWatchProgressSupported
+	if consistentRead {
 		listRV, err = storage.GetCurrentResourceVersionFromStorage(ctx, c.storage, c.newListFunc, c.resourcePrefix, c.objectType.String())
 		if err != nil {
 			return err
@@ -887,9 +888,24 @@ func (c *Cacher) GetList(ctx context.Context, key string, opts storage.ListOptio
 	}
 
 	objs, readResourceVersion, indexUsed, err := c.listItems(ctx, listRV, preparedKey, pred, recursive)
+	success := "true"
+	fallback := "false"
 	if err != nil {
+		if consistentRead {
+			if storage.IsTooLargeResourceVersion(err) {
+				fallback = "true"
+				err = c.storage.GetList(ctx, key, opts, listObj)
+			}
+			if err != nil {
+				success = "false"
+			}
+			metrics.ConsistentReadTotal.WithLabelValues(c.resourcePrefix, success, fallback).Add(1)
+		}
 		return err
 	}
+	if consistentRead {
+		metrics.ConsistentReadTotal.WithLabelValues(c.resourcePrefix, success, fallback).Add(1)
+	}
 	span.AddEvent("Listed items from cache", attribute.Int("count", len(objs)))
 	// store pointer of eligible objects,
 	// Why not directly put object in the items of listObj?
diff --git a/staging/src/k8s.io/apiserver/pkg/storage/cacher/cacher_whitebox_test.go b/staging/src/k8s.io/apiserver/pkg/storage/cacher/cacher_whitebox_test.go
index 3520da9d0e5..fa7257f216d 100644
--- a/staging/src/k8s.io/apiserver/pkg/storage/cacher/cacher_whitebox_test.go
+++ b/staging/src/k8s.io/apiserver/pkg/storage/cacher/cacher_whitebox_test.go
@@ -24,6 +24,7 @@ import (
 	"reflect"
 	goruntime "runtime"
 	"strconv"
+	"strings"
 	"sync"
 	"testing"
 	"time"
@@ -45,10 +46,13 @@ import (
 	examplev1 "k8s.io/apiserver/pkg/apis/example/v1"
 	"k8s.io/apiserver/pkg/features"
 	"k8s.io/apiserver/pkg/storage"
+	"k8s.io/apiserver/pkg/storage/cacher/metrics"
 	etcd3testing "k8s.io/apiserver/pkg/storage/etcd3/testing"
 	etcdfeature "k8s.io/apiserver/pkg/storage/feature"
 	utilfeature "k8s.io/apiserver/pkg/util/feature"
 	featuregatetesting "k8s.io/component-base/featuregate/testing"
+	k8smetrics "k8s.io/component-base/metrics"
+	"k8s.io/component-base/metrics/testutil"
 	"k8s.io/utils/clock"
 	testingclock "k8s.io/utils/clock/testing"
 	"k8s.io/utils/pointer"
@@ -288,6 +292,138 @@ func testGetListCacheBypass(t *testing.T, options storage.ListOptions, expectByp
 	}
 }
 
+func TestConsistentReadFallback(t *testing.T) {
+	tcs := []struct {
+		name                   string
+		consistentReadsEnabled bool
+		watchCacheRV           string
+		storageRV              string
+		fallbackError          bool
+
+		expectError             bool
+		expectRV                string
+		expectBlock             bool
+		expectRequestsToStorage int
+		expectMetric            string
+	}{
+		{
+			name:                    "Success",
+			consistentReadsEnabled:  true,
+			watchCacheRV:            "42",
+			storageRV:               "42",
+			expectRV:                "42",
+			expectRequestsToStorage: 1,
+			expectMetric: `
+# HELP apiserver_watch_cache_consistent_read_total [ALPHA] Counter for consistent reads from cache.
+# TYPE apiserver_watch_cache_consistent_read_total counter
+apiserver_watch_cache_consistent_read_total{fallback="false", resource="pods", success="true"} 1
+`,
+		},
+		{
+			name:                    "Fallback",
+			consistentReadsEnabled:  true,
+			watchCacheRV:            "2",
+			storageRV:               "42",
+			expectRV:                "42",
+			expectBlock:             true,
+			expectRequestsToStorage: 2,
+			expectMetric: `
+# HELP apiserver_watch_cache_consistent_read_total [ALPHA] Counter for consistent reads from cache.
+# TYPE apiserver_watch_cache_consistent_read_total counter
+apiserver_watch_cache_consistent_read_total{fallback="true", resource="pods", success="true"} 1
+`,
+		},
+		{
+			name:                    "Fallback Failure",
+			consistentReadsEnabled:  true,
+			watchCacheRV:            "2",
+			storageRV:               "42",
+			fallbackError:           true,
+			expectError:             true,
+			expectBlock:             true,
+			expectRequestsToStorage: 2,
+			expectMetric: `
+# HELP apiserver_watch_cache_consistent_read_total [ALPHA] Counter for consistent reads from cache.
+# TYPE apiserver_watch_cache_consistent_read_total counter
+apiserver_watch_cache_consistent_read_total{fallback="true", resource="pods", success="false"} 1
+`,
+		},
+		{
+			name:                    "Disabled",
+			watchCacheRV:            "2",
+			storageRV:               "42",
+			expectRV:                "42",
+			expectRequestsToStorage: 1,
+			expectMetric:            ``,
+		},
+	}
+	for _, tc := range tcs {
+		t.Run(tc.name, func(t *testing.T) {
+			featuregatetesting.SetFeatureGateDuringTest(t, utilfeature.DefaultFeatureGate, features.ConsistentListFromCache, tc.consistentReadsEnabled)
+			if tc.consistentReadsEnabled {
+				forceRequestWatchProgressSupport(t)
+			}
+
+			registry := k8smetrics.NewKubeRegistry()
+			metrics.ConsistentReadTotal.Reset()
+			if err := registry.Register(metrics.ConsistentReadTotal); err != nil {
+				t.Errorf("unexpected error: %v", err)
+			}
+			backingStorage := &dummyStorage{}
+			backingStorage.getListFn = func(_ context.Context, key string, opts storage.ListOptions, listObj runtime.Object) error {
+				podList := listObj.(*example.PodList)
+				podList.ResourceVersion = tc.watchCacheRV
+				return nil
+			}
+			// TODO: Use fake clock for this test to reduce execution time.
+			cacher, _, err := newTestCacher(backingStorage)
+			if err != nil {
+				t.Fatalf("Couldn't create cacher: %v", err)
+			}
+			defer cacher.Stop()
+
+			if fmt.Sprintf("%d", cacher.watchCache.resourceVersion) != tc.watchCacheRV {
+				t.Fatalf("Expected watch cache RV to equal watchCacheRV, got: %d, want: %s", cacher.watchCache.resourceVersion, tc.watchCacheRV)
+			}
+			requestToStorageCount := 0
+			backingStorage.getListFn = func(_ context.Context, key string, opts storage.ListOptions, listObj runtime.Object) error {
+				requestToStorageCount += 1
+				podList := listObj.(*example.PodList)
+				if key == cacher.resourcePrefix {
+					podList.ResourceVersion = tc.storageRV
+					return nil
+				}
+				if tc.fallbackError {
+					return errDummy
+				}
+				podList.ResourceVersion = tc.storageRV
+				return nil
+			}
+			result := &example.PodList{}
+			start := cacher.clock.Now()
+			err = cacher.GetList(context.TODO(), "pods/ns", storage.ListOptions{ResourceVersion: ""}, result)
+			duration := cacher.clock.Since(start)
+			if (err != nil) != tc.expectError {
+				t.Fatalf("Unexpected error err: %v", err)
+			}
+			if result.ResourceVersion != tc.expectRV {
+				t.Fatalf("Unexpected List response RV, got: %q, want: %q", result.ResourceVersion, tc.expectRV)
+			}
+			if requestToStorageCount != tc.expectRequestsToStorage {
+				t.Fatalf("Unexpected number of requests to storage, got: %d, want: %d", requestToStorageCount, tc.expectRequestsToStorage)
+			}
+			blocked := duration >= blockTimeout
+			if blocked != tc.expectBlock {
+				t.Fatalf("Unexpected block, got: %v, want: %v", blocked, tc.expectBlock)
+			}
+
+			if err := testutil.GatherAndCompare(registry, strings.NewReader(tc.expectMetric), "apiserver_watch_cache_consistent_read_total"); err != nil {
+				t.Errorf("unexpected error: %v", err)
+			}
+		})
+	}
+}
+
 func TestGetListNonRecursiveCacheBypass(t *testing.T) {
 	featuregatetesting.SetFeatureGateDuringTest(t, utilfeature.DefaultFeatureGate, features.ConsistentListFromCache, false)
 	backingStorage := &dummyStorage{}
diff --git a/staging/src/k8s.io/apiserver/pkg/storage/cacher/metrics/metrics.go b/staging/src/k8s.io/apiserver/pkg/storage/cacher/metrics/metrics.go
index 2c5dc4806ff..dd77febb930 100644
--- a/staging/src/k8s.io/apiserver/pkg/storage/cacher/metrics/metrics.go
+++ b/staging/src/k8s.io/apiserver/pkg/storage/cacher/metrics/metrics.go
@@ -167,6 +167,15 @@ var (
 			StabilityLevel: compbasemetrics.ALPHA,
 			Buckets:        []float64{0.005, 0.025, 0.05, 0.1, 0.2, 0.4, 0.6, 0.8, 1.0, 1.25, 1.5, 2, 3},
 		}, []string{"resource"})
+
+	ConsistentReadTotal = compbasemetrics.NewCounterVec(
+		&compbasemetrics.CounterOpts{
+			Namespace:      namespace,
+			Subsystem:      subsystem,
+			Name:           "consistent_read_total",
+			Help:           "Counter for consistent reads from cache.",
+			StabilityLevel: compbasemetrics.ALPHA,
+		}, []string{"resource", "success", "fallback"})
 )
 
 var registerMetrics sync.Once
@@ -188,6 +197,7 @@ func Register() {
 		legacyregistry.MustRegister(WatchCacheCapacity)
 		legacyregistry.MustRegister(WatchCacheInitializations)
 		legacyregistry.MustRegister(WatchCacheReadWait)
+		legacyregistry.MustRegister(ConsistentReadTotal)
 	})
 }