Does your distributor have a vacuum advance cam? An engine with a more aggressive cam generally needs more initial advance. I would say in the 6 - 8 degree range. But this may give you more advance than needed at higher rpms.
We need more information; Early (front-mounted) or Late (conventional "post"type"). If the former, it should be set up and timed on a machine intended for that purpose. If the latter, CCW to advance, CW to retard.
What distributor are you using? Stock is a bad choice
Especially if you are not running a bone stock carburetion system.
And who does that with a "hot cam"?
If the distributor is from "Bubba" it's most likely a modified SBC unit. Is it mechanical advance only or vacuum over mechanical?
It does not have a vacuum like the picture,Most modern distributor have two methods of advancing the spark timing. There is a set of internal weights that move outward when the speed increases that causes the timing to be advanced as engine speed increase (this is called the "mechanical advance"). In addition, they usually have a vacuum advance unit that also advances the ignition timing as manifold vacuum increases. Vacuum is highest at engine idle and steady cruise, and the additional advance it adds to the mechanical advance provided by the weights serves mainly to increase fuel economy. In periods of low vacuum (acceleration), the advance is limited to that provided by the mechanical advance only to prevent detonation under load.
Just about all SBC distributors come with vacuum advance. You can tell because they have a vacuum line running from the intake manifold to the advance unit on the side of the distributor. The attached picture is not very good, but you can see part of the vacuum advance. It is the round silvery-gray unit at the back of the distributor. I mention this only because I believe "BUbba" is kind of a fan of mechanical only setups so it may have been removed from your distributor.
It does not have a vacuum like the picture,
If you have excessive fuel running into engine from just one or both carburetors could cause your misfire at idle.
Because you have plug fouling issues I personally believe it’s a carburetor problem.
If this is the case, I think this might be a good time to install a stock manifold and run each carburetor separately to get a better handle on it.
Also, since the distributor seems to be mechanical only, I'd go with my first suggestion for timing.