A system and method for calibrating fluid detects an actual fluid dispensing characteristic, such as dispensing speed, and automatically adjusts the dispensing characteristic to match an ideal dispensing characteristic. The adjustment is conducted by a controller that controls fluid dispensing based on a function that correlates dispensing speed, a dispensed volume, and a dispensing time. The function allows calibration to occur automatically by converging system operation to the ideal dispensing characteristic, without requiring a user to calibrate the system through manual iterative methods.