I'm not sure where you're getting this idea that traditional PCs have main memory latency of 10 to 20ns. DRAM random access latency isn't anywhere near that fast, that kind of figure can only come from a cache.
Here's a couple test results from Anandtech showing that M1 has very similar main memory latency to a Ryzen 9 CPU which also uses LPDDR4X-4266. Look at the far right side of each memory latency graph: what they're showing on the X axis is the effect of doing progressively larger tests to probe out each level of cache.
www.anandtech.com
www.anandtech.com