You can disable the switch animation, which makes it much nicer to use. Just instantly changes the content on all your monitors then. It even works with fullscreen applications on different desktops...
Yep, under Accessibility => Display => Toggle the Reduce motion button. It is much better but still not instant. The only way I'm aware of how to make it instantaneous is by disabling SIP and using Yabai [1].
[1] https://github.com/koekeishiya/yabai