Scaling laws have emerged as a unifying lens for understanding and guiding the training of large language models (LLMs). However, existing studies predominantly focus on the final-step loss, leaving open whether the entire loss dynamics obey similar laws and, crucially, how the learning rate schedule (LRS) shapes them. We address these gaps in a controlled theoretical setting by analyzing stochastic gradient descent (SGD) on a power-law kernel regression model. The key insight is a novel intrinsic-time viewpoint, which captures the training progress more faithfully than iteration count. We then establish a Functional Scaling Law (FSL) that captures the full loss trajectory under arbitrary LRSs, with the schedule's influence entering through a simple convolutional functional. We further instantiate the theory for three representative LRSs--constant, exponential decay, and warmup-stable-decay (WSD)--and derive explicit scaling relations in both data-and compute-limited regimes. These comparisons explain key empirical phenomena: (i) higher-capacity models are more data-and compute-efficient; (ii) learning-rate decay improves training efficiency; and (iii) WSD-type schedules outperform pure decay. Finally, experiments on LLMs ranging from 0.1B to 1B parameters demonstrate the practical relevance of FSL as a surrogate model for fitting and predicting loss trajectories in large-scale pre-training.

Scaling laws have emerged as a unifying lens for understanding and guiding the training of large language models (LLMs). However, existing studies predominantly focus on the final-step loss, leaving open whether the entire $\textit{loss dynamics}$ obey similar laws and, crucially, how the $\textit{learning rate schedule}$ (LRS) shapes them. We address these gaps in a controlled theoretical setting by analyzing stochastic gradient descent (SGD) on a power-law kernel regression model. The key insight is a novel $\textbf{intrinsic-time}$ viewpoint, which captures the training progress more faithfully than iteration count. We then establish a $\textbf{Functional Scaling Law (FSL)}$ that captures the full loss trajectory under arbitrary LRSs, with the schedule's influence entering through a simple convolutional functional. We further instantiate the theory for three representative LRSs---constant, exponential decay, and warmup-stable-decay (WSD)---and derive explicit scaling relations in both data-and compute-limited regimes. These comparisons explain key empirical phenomena: (i) higher-capacity models are more data-and compute-efficient; (ii) learning-rate decay improves training efficiency; and (iii) WSD-type schedules outperform pure decay. Finally, experiments on LLMs ranging from 0.1B to 1B parameters demonstrate the practical relevance of FSL as a surrogate model for fitting and predicting loss trajectories in large-scale pre-training.

Scaling laws have played a cornerstone role in guiding the training of large language models (LLMs). However, most existing works on scaling laws primarily focus on the final-step loss, overlooking the loss dynamics during the training process and, crucially, the impact of learning rate schedule (LRS). In this paper, we aim to bridge this gap by studying a teacher-student kernel regression setup trained via online stochastic gradient descent (SGD). Leveraging a novel intrinsic time viewpoint and stochastic differential equation (SDE) modeling of SGD, we introduce the Functional Scaling Law (FSL), which characterizes the evolution of population risk during the training process for general LRSs. Remarkably, the impact of the LRSs is captured through an explicit convolution-type functional term, making their effects fully tractable. To illustrate the utility of FSL, we analyze three widely used LRSs -- constant, exponential decay, and warmup-stable-decay (WSD) -- under both data-limited and compute-limited regimes. We provide theoretical justification for widely adopted empirical practices in LLMs pre-training such as (i) higher-capacity models are more data- and compute-efficient; (ii) learning rate decay can improve training efficiency; (iii) WSD-like schedules can outperform direct-decay schedules. Lastly, we explore the practical relevance of FSL as a surrogate model for fitting, predicting and optimizing the loss curves in LLM pre-training, with experiments conducted across model sizes ranging from 0.1B to 1B parameters. We hope our FSL framework can deepen the understanding of LLM pre-training dynamics and provide insights for improving large-scale model training.