This site:
https://streaminglearningcenter.com/ has a lot of good articles on h264 encoding, bitrates, rate controls and such. It has helped me a lot in understanding how to properly use the vaapih264enc and what to expect.
I can't say anything about the speed and CPU usage, since it should be a HW encoder.
About the bitrate:
- Constant: will keep the bitrate at the target, through all the file. So if you inspect the file size second by second it will always be the same
- Variable: will vary the bitrate through all the file, but keeping the AVERAGE at the target bitrate. So if you inspect the file size second by second it will vary. Scenes with less motion will use a lower bitrate and scenes with higher motion will have a higher bitrate. But the final file size will be the same as with Constant bitrate.
And about the 13Mbps "limitation" I don't know, it is probably just that your stream doesn't need higher bitrate.
Fx. for a fullHD@30fps pretty much anything over 8Mbps start getting hard to see the difference (unless it is really a very motion full stream)