Earlier quoted context omitted.
In the top left of the video feed there's supposed to be an active input display (showing what buttons are being pressed on the controller). At this point in the video he fixes the input display, causing the capture of the timer to stagger a little bit. As you'll notice by the end of the video the timer doesn't actually display 4:55.913, even though that's his record time - this is because the entire run has been re-…
How did he know, live, that he'd beaten the time?
All this together, Kosmic can be very sure that the run is below 4:56 without timing it down to the frame.