That comes out at a 32X turnover. You should be fine as long as you are not blasting something. I run my tank at about 50X turnover for an SPS dominant tank. I understand that some SPS aquaculture systems run at around 100X. And in my scuba diving, I have seen reefs that have 1000X turnover and higher.
But it depends on the system. Soft corals tend to like less flow. But I have found my LPS corals do fine in my tank.