VR world lag/sluggish

I'm just trying out Modeler for the first time and I immediately noticed was there is a large amount of lag/delay from when I move my head to when the world responds to that movement, making the app almost unusable due to the motion sickness it causes, this is in a brand new project. I get the same behavior in both the beta and an older version (I don't remember which). I have not experienced anything like this in other apps and games. I'm running a Valve Index through SteamVR.

I uploaded a video of what it looks like. You can see how the SVR overlay reacts how it should while the Modeler world lags behind. https://youtube.com/shorts/G5JjFT1stBI

Has anyone experienced this or know of a fix? Any help is appreciated!

Things I've tried: Restarted PC multiple times, uninstalled and reinstalled, checked for Windows updates, updated video drivers, disabled SteamVR overlay apps (OVR Advanced Settings, SlimeVR Feeder App) and ADD-ONS, changing refresh rate and resolution per eye, disabled "Display VR View" in SVR.

Modeler Version: 1.10.5-beta-ob.47.b5c89274

Windows 10 Enterprise 22H2

OS build 19045.4474

Valve Index
i9-12900K

RTX 4080

32GB Memory

1TB Samsung 980 PRO SSD