You can get different width caps so make it as wide as you can for good venting. I've seen
12" wide caps that let you have a really wide vent gap. My shed, house and commercial building have approx 4" wide gap with 8" caps. Use the plastic material that looks like a scotch brite pad to keep the wind from pushing water in. It still vents. In the last hurricane I checked to see if water was getting pushed in and not a drop at 80 mph but plenty of air flow. I'm on the east coast of central Florida.
bpjr said it right overall, but I'm pretty sure he has more moverhang than he described.
4" gap w 8" cap is less than 2" overhang.
We have about a 7" gap, and a 24" cap.
Again, keep in mind, any metal building supply can make a ridge cap of ANY width, then you use the "Coarse Scotch Brite" type of closures to permit air flow.
Couple different kinds on market, but they DO call that formed material for the different R panels "Closure" ?strip? I think.
Marc