I usually lay it out so that there's 1/8" between the rod and barrel at the breech, and the spacing at the front will vary, depending upon the barrel. Most swamped barrels will usually end up about 3/16". That usually gets the rod more or less parallel with the bore. The fore end can taper down some, but not much. Definitely don't want it flared out at the front.
If it's a round or octagon to round barrel with a small muzzle, it will end up more like 1/4"... maybe more. If you made it the same distance front and back on a barrel like this, the fore end would end up way too tapered.