.js

'use strict';

var WINDOW = Math.pow(2,11)-1;

function time() {
    var hrtime = process.hrtime();
    return (hrtime[0] * 1e3) + ((hrtime[1] / 1e6)|0);
}

function setPedanticInterval(cb, ival) {
    if (ival > WINDOW / 2) {
        throw new Error('Interval '+ival+' is greater than half the window size ('+WINDOW+')');
    }
    var nextTime = time();
    function tick() {
        // skip first execution
        if (arguments.length === 0) { cb(); }

        var now = time() & WINDOW;
        nextTime = (nextTime + ival) & WINDOW;
        var delay = (nextTime < now ?
            WINDOW + nextTime - now :
            nextTime - now
        );

        console.log('>>', nextTime, delay);
        setTimeout(tick, delay);
    }
    tick(1);
}


setPedanticInterval(function () { console.log(Date.now()); }, 1000);