Need help with rotor phasing

Msd does make a adjustable rotor cap but not sure if they make one for a mopar distributor.I cut a square hole in the cap so I could see the post for #1 and the rotor button as I turn the engine. While rotating the engine by hand on compression stroke when it reached 40 degrees btdc rotor button is aligned with the post on # 1. But the reluctor was not aligned with magnetic pick up. I continued to rotate the engine till the reluctor aligned with the pick up. The balancer reads 30 degrees when they are aligned. I put the timing light on it and the initial is 22 btdc. The 8388 is the same as the mech dist but it has a vac advance on it. Uses the same cap