No, I don't think so. There's always a delay due to the encoding & decoding, though it varies according to the device used. I also have hardware devices for encoding my live stream at the studio and decoding at the transmitter and it has a delay too.
Live digital radio and TV typically suffers from a delay. The total delay from studio to off-air receiver is about 25 seconds in my case using hardware devices. I use Broadwave for technical/management monitoring of various feeds but have used it live on a few rare occasions, and the delay has not been significantly more than usual.