The pack will take different amounts of time each charge, as the pack balance, the starting SOC, will ultimately determine how long it takes to get fully balanced.
In theory we should see less balancing time as the pack is charged more frequently.
Venting is where the cells internal pressure has risen to the point where the pressure relief valve right under the bump on the positive terminal pops open and vents gasses and some potasium hydroxide fluid. This permanently changes the battery capacity by allowing the cell to develop dry areas of the plate, effectively making it a cell with reduced active plate area.
A look inside a cell:
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Battery packs exposed - MIMA Honda Insight Modified Integrated Motor Assist
Unfortunately the white powdery dried potasium hydroxide cannot be seen without removing the heat shrink.
If you are standing next to the pack and it is quiet, you will hear a psssss sound like a hole in a tire if you vent a cell. Not something you want to hear, and is the reason I have a PTC monitor built into my chargers, which will shut down when a high temp threshold PTC resistance is detected