It is 5/16.
On mine, I bought barbed fittings for the carb and pump and ran rubber fuel line with a clear filter (lawn tractor sized/type). $20 or so at the local O'rieleys in total. I did this because the factory line was a basket case, I was tired of leaky steel filters, and I was trying to combat vapor lock. The pump uses an adapter fitting for the flared connector (match it up, can't remember the exact size/term), the carb uses a 1/8 NPT barb.
If you go this route, in my opinion, avoid the Mr. Gasket glass cartridge filters. I ran one of those, and in addition to letting a bunch of fine silt into the carb, after 9 months the glass cracked and leaked fuel everywhere. I since swapped to a lawn tractor "universal" filter and have had no issues over the last several months. Much better filtration than mr. gasket, no glass to crack/come loose, and still getting adequate fuel flow. Plus I can still see what sorts of junk is getting pulled from the tank.
1984 F150: 300 L6, AOD, RWD. EEC IV / TFI, Feedback Carter YFA Carb. Stock everything but radio (for now).