Automatic Transmissions will leak transmission oil from the vent if overfilled and the fluid is whipped into a foam.
With the car sitting level on Jack stands, pull the drain plug to see if any oil runs out from the fill plug. I realize that you said the level is correct, but humor me.
Have you driven through any deep standing water before the onset?
If some water entered the diff through the vent, the oil would float on top, raising the level. Maybe causing it to foam?
Try loostening the bottom drain plug a few turns. What leaks out, water or oil? If you have water in the diff, it will drip off the loostened drain plug first. If it is oil, you have two choices. Consider that someone added the wrong oil at some point, hence the foaming. or simply drain the oil and replace it with new 80-90 wt oil mixed with the G/M additive. At that point, you can repeat the high sped runs to see if the oil continues to vent out of the breather.
The breather should be an "L" shaped pipe. It should have a vertical section about 1 1/2" long. If yours does not look like that, perhaps it was broken off somehow?
Compare what your vent looks like against the illustration in the parts catalogue.