If the configurations are correct.. Yes, it will..
You can use "snap delta" command on your secondary to see how much data in transfer.
even though it dont give much clarity.. you can use that number.. and compare against the delta in primary system.
each time.. snapvault create a snapshot in pimrary and compare it it against the previous snapshot it created for last transfer.
thats how its claculate the delta. In primary volume you will be able to see those snapshots, using snapshot status command
by the end of a successful transfer snpvault delete the old snapshot from primary and rename the new snapshot and keep it.(which was created starting of this transfer)
so it can be used to calculate the delta for next transfer.
hope that answer your question.