1, Reference opa564-q1 datasheet page15, I set the Rset=47K; so, the Ilim=0.4615A.
2, you can see the follow image, CH1:output signal, ch2:IFLAG, CH4: output current;
Current Limit Flag high, when the output current is about 210ma,
3,Question: Is there such a big difference between the measured current value and the theoretical value?