In the log both monitors are set @ 120HZ, not 144. As noted above, you're recording @ 120FPS. There's no rendering lag, just encoding lag. All you need to do is use a faster Preset, P3 should do the trick.
Potential audio issue, see link below....
If you lower the frame-rate in OBS to 60FPS, P5 is the correct Preset.
20:37:17.611: [obs-nvenc: 'advanced_video_recording'] settings:
20:37:17.611: codec: HEVC
20:37:17.611: rate_control: CQP
20:37:17.611: cqp: 12
20:37:17.611: keyint: 240
20:37:17.611: preset: p5 > p3
20:37:17.611: tuning: hq
20:37:17.611: multipass: qres
20:37:17.611: profile: main
20:37:17.611: width: 2560
20:37:17.611: height: 1440
20:37:17.611: b-frames: 0
20:37:17.611: b-ref-mode: 0
20:37:17.611: lookahead: false (0 frames)
20:37:17.611: aq: false
20:37:17.611:
20:37:17.640: ---------------------------------
20:37:17.640: [FFmpeg aac encoder: 'Track1'] bitrate: 160, channels: 2, channel_layout: stereo, track: 1
20:37:17.640:
20:37:17.640: ---------------------------------
20:37:17.640: [FFmpeg aac encoder: 'Track2'] bitrate: 160, channels: 2, channel_layout: stereo, track: 2
20:37:17.640:
20:37:17.640: ---------------------------------
20:37:17.640: [FFmpeg aac encoder: 'Track3'] bitrate: 160, channels: 2, channel_layout: stereo, track: 3
20:37:17.640:
20:37:17.640: ---------------------------------
20:37:17.641: [FFmpeg aac encoder: 'Track4'] bitrate: 160, channels: 2, channel_layout: stereo, track: 4
20:37:17.641:
20:37:17.651: ==== Recording Start ===============================================
20:37:17.651: [ffmpeg muxer: 'adv_file_output'] Writing file 'C:/Users/User/OneDrive/Desktop/Recordings for desktop/2026-02-08 20-37-17.mkv'...
20:37:57.255: [ffmpeg muxer: 'adv_file_output'] Output of file 'C:/Users/User/OneDrive/Desktop/Recordings for desktop/2026-02-08 20-37-17.mkv' stopped
20:37:57.255: Output 'adv_file_output': stopping
20:37:57.255: Output 'adv_file_output': Total frames output: 4713
20:37:57.255: Output 'adv_file_output': Total drawn frames: 4752
20:37:57.255: Video stopped, number of skipped frames due to encoding lag: 1443/4751 (30.4%)
docs.nvidia.com
Operating System Info Windows 11 Other OS No response OBS Studio Version 32.0.2 OBS Studio Version (Other) No response OBS Studio Log URL https://obsproject.com/logs/CAccX95FPLiO3Y3m OBS Studio Cra...
github.com