Pretraining Data Scale Reverses the Muon-AdamW Fine-Tuning Gap

Muon has recently emerged as a promising optimizer for pretraining large language models, offering a speedup over AdamW in minimizing pretraining loss. However, it remains unclear whether Muon's advantage persists after fine-tuning. In this paper, we study the downstream behavior of Muon and AdamW and uncover a surprising trend: beyond a sufficiently large pretraining data budget, AdamW outperforms Muon after fine-tuning. Moreover, as model size increases, AdamW overtakes Muon at progressively smaller pretraining token-parameter ratios. To explain this reversal, we view fine-tuning as a perturbation of the outputs and introduce the margin-to-spread ratio, which measures how far the correct logit lies above the wrong ones relative to how widely the wrong logits are spread. In language models, Muon has the larger margin-to-spread ratio at small data budgets and AdamW at large ones, mirror…