CQP or CRF stands for Constant Quantization Parameter or Constant Rate Factor. Unlike CBR and VBR, there is no bitrate "limit".
In intra-frame encoding a single frame is split into hundreds of macroblocks (16x16 pixels typically), each macroblock is analyzed and encoded. So in CQP, it's a static value that tells the encoder "you are allow to remove x amount of info from a macroblock", per macro block, per frame, in order to maintain a constant level of quality.
This is why lower values yield larger file sizes, or higher quality, it removes less info per block so it requires more bitrate.
So for static scenes you will use very little bitrate to encode, for high motion scenes you will use an astronomical amount of bitrate in order to maintain the quality.
I have seen ranges from 8Mbps - 200Mbps+ for some scenes.