I use a 18x10 et25 set up all around. With 3+ camber up front and 2+ in the rear.
Due to the amount of camber, I can easily use 10 mm spacers front and rear on 275/35/18 Continental scrubs. However, it is pretty tight in the rear (tire to fender) with spacers. There's plenty of room if you don't use spacers in the back.
Front space I cannot say since I have aftermarket struts.
One consideration is that there are not too many tires available in 285/35/18. 285/30/18 offers more but you would lose your side wall.
Another consideration is the balance. The M3 understeers from the factory, so depending on your set up you may prefer a square over a staggered.
2011 E92 M3 DCT
1991 Spec Miata
2008 E92 M3 DCT - KW Competition 2-way / Brembo 365 BBK / OMP ARS racing seats / rear seats delete / GT4 aero / AiM EVO4 data logger / SmartyCam racing camera
2008 E92 M3 6MT
2008 E92 335xi