Пример PHP кода:
require('vendor/autoload.php');
use WebSocket\Client;
function command($client, $data, $status = null, $timeout = 10) {
  $client->text(json_encode($data));
  $timestamp = time();
  while (true) {
    $receive = $client->receive();
    try {
      $json = json_decode($receive);
      $code = isset($json->status[0]) ? $json->status[0] : -1;
    
      if ($code === $status) {
        return $json;
      }
    } catch (Exception $e) {}
    if ((time() - $timestamp) > $timeout) {
      throw new Exception("WebSocket timeout {$timeout}");
    }
  }
}
Мой код на Python, не знаю, насколько он аналогичен и как выставить таймаут:
import asyncio
from concurrent.futures import TimeoutError as ConnectionTimeoutError
import json
import websockets
async def command(client, data, status=None):
    while True:
        await client.send(json.dumps(data))
        try:
            receive = await client.recv()
            code = json.loads(receive)["status"][0]
            if code == status:
                return receive
        except (KeyError, ValueError) as err:
            print(f"[error from command()] => {err}")
async def main():
    async with websockets.connect("ws://example.com:8005") as client:
        while True:
            try:
                response = await asyncio.wait_for(
                    command(client, data, status),
                    timeout=10,
                )
                print(response)
                await asyncio.sleep(1)
            except TimeoutError as err:
                print(f"[error from main()] => {err}")
P.S. поправил код, посмотрите пожалуйста