An incremental backup should require less; and not include other Time Machine backups.
You may try a different USB drive to make new backup that may not show such huge totals.
• If a Time Machine backup takes longer than you expect
• If you see a message that you must create a new backup
Other ways to make non-'Time Machine' backups may be helpful to become familiar with.
Another angle may be to learn to make and use 'full-system clones' on quality external HD.
{.SuperDuper/shirtpocket [&/or] CarbonCopy/bombich: Fine cloner tools. Or use Disk Utility.}
An archive below, can still be useful in most detail, and is near timeless.
Of several works by former contributor & helpful asset to Community:
• Apple OS X and Time Machine Tips | by J. Pond (©2013) archive
http://oldtoad.net/pondini.org/OSX/Home.html
Take care & good luck!🌞⛵️