I'm confused a little by this thread. Is everyone who has a GTX2860R going to have the same issues without a timing adjustment wheel or are you trying to fudge the engine because it wasn't built correctly?
The latter.
Even if cam timing is a 7-8 degrees out, it does not explain the knock and late ignition timing.
Ignition timing does not "move" with the cam somehow, the trigger is on the crankshaft.
Most likely the head was skimmed a lot and wrong thickness head gasket was used together with other issues.
There is never any need to do anything with the tensioner with different springs. But OP seems to be too stingy to fit a new one after an engine build. Not to mention running pulls with 2.5 degrees zwout at high rpm without realizing that the engine is being destroyed.