I've bought a cheap leather splitter from AliExpress which works surpisingly well. Splitting down 3.5mm veg tan is super easy and it even works on 1.5mm chrome tan. It's basically just a holder for cutter blades, so a dulled blade can be easily replaced (or sharpened if you like). The width of the leather that can be split is limited to the length of the blade, so +/- 9cm.
This is the one I got: https://www.aliexpress.com/item/1005005967041306.html
There's plenty of similars and the price constantly varies, but I think it bottoms out at around 35-40 euros.