I use a esb brand slip float rated for up to 1/4 ounce weight
I use a standard size swivel and either a #8 or # 6 spinshot hook witch is also on a swivel by its design.
Double swivels = zero line twist and spinshot hook = no Palomar knot. Two knots one on each side
I use a #5 stainless split shot and do the rig drop shot style with a foot between the swivel and hook and also between the hook and split shot.
It works exceptionally well and is very buoyant yet offers no resistance once a fish bites
I use it for panfish all the way up to big flatheads