Breaker Gap, Inch: .015
.027 is the point gap.
According to one of Fords websites : For a 1963 Ford F-100 with the 4.8 liter / 292 cubic inch eight cylinder engine : ( .030 inch spark plug gap )
If the 360 is in a F100 the point gap is .021. If the 360 is in a F250 or bigger the point gap is .017.
17 or 18 thousands your choice
According to www . motorcraft . com ( no spaces ) .021 inch for the point gap on a 1970 Ford truck 302 cubic inch V8
I'm definitely no mechanic but, i have a 1979 ford f100 with the original 302 in it and it doesn't have points.
.017" to .019"
no more than .035
18
I would check the point gap and timing first. If that does not correct it, I would check the carburetor float level.
.027 points 10 * btdc 550 rpm in drive adjust mixture screw for best idle
Point gap .017, dwell 24-29 Plug gap 032 - .036 Firing order - 1-5-4-2-6-3-7-8