A key design feature is presented to improve the cryogenic stability of forced-flow gas-cooled HTS conductors for fusion magnets. In order to realize the compact and economic fusion system, a variety of conductors are under development with stacked REBCO tapes so that the high-field magnets can operate at 20–30 K with the internal flow of helium gas. Thermal-hydraulic analysis is typically based on 1-D models under a prescribed thermal load along the conductors. In this study, the effect of thermal interaction between adjacent conductors in a winding pack is rigorously considered for the analysis. In a double pancake with single cooling loop, it is evidently verified that the conductor temperature may rise to a peak at inner layers, seriously affecting current sharing and thermal stability. The analytical results are useful in predicting the temperature and location of hot spot in terms of a dimensionless parameter, NTU. In theory, the gas-cooled magnet can be thermally stable by either infinitely increasing or infinitesimally decreasing the thermal interaction between conductors. In practice, however, the thermal insulation to minimize the contact between inbound and outbound flows in a double pancake is proposed as an effective way to improve the cryogenic stability.