Same issue here. It was working fine until I had to reset my iPad because I forgot the password. Previously I was able to adjust the amount of time it took for the cursor to disappear, the increase contrast button actually changed stuff and the pointer animations actually worked, instead the pointer will just glide to the middle of the button and awkwardly sit there without actually ‘blending’ into the button etc.
The cursor also used to sorta “flow” into the home button but now it just gets ‘sticky’ over it if that makes sense.
Does anyone have any solutions?