The least potentially misleading broken axis chart that I have seen was, I think, in
Information Visualization: Perception for Design, by Colin Ware. Great book, but too expensive for me to own a copy. I'm grateful for public libraries.
It was not truly a split axis but, instead, a split chart and it looked something like this:
I first plotted this chart, then adjusted and aligned it to fit exactly within a range of worksheet cells. Next, from the Excel 2016 ribbon I selected: Insert >> Illustrations >> Shapes >> Flowchart >> Punched tape. I placed the shape on top of the graph and adjusted the size so that the punched tape shape's left and right borders were outside of the chart borders.
I edited the points of the shape to smooth a kink out of each of the top and bottom curved lines. The shape was given a solid white fill and the border colors of the the chart and the shape were both set to the same dark gray.
Using the camera tool, I took one picture of the top half of the chart, omitting the left and right edges of the punched tape symbol. I pasted that picture into a different section of the worksheet. A second, similar picture of the bottom chart section was pasted below the top picture. The second picture was sent backwards to lay beneath the first pasted picture—otherwise, extra white space covered part of the top chart graphics.
I apologize that this tutorial is so condensed. It will take me several days to find time to write it up properly.