Aria Operations 8.17 and previous versions.
In versions up to 8.17, the formula for the Contention was mapped to CPU Latency (%LAT_C in esxtop). This metric considers the effect of hyper-threading and CPU frequency, hence a difference depending on the Host hardware the VM is running on.
With this calculation, the Contention doesn't imply that there is an issue with the VM. Check the related performance metrics to verify if there is any performance issue: Co-stop, Overlap, Ready, Wait.
This is resolved in Aria Operations 8.18.
Formula:
CPU|Contention (%) = (Co-Stop + Overlap + Ready + Wait) / (300000 * <#vCPUs>) * 100