Competitive resource allocation problems over frequency and space can be formulated as minimax interaction between transmit power and worst-case interference. This formulation naturally arises in multi-operator low Earth orbit (LEO) satellite spectrum sharing, where transmissions from competing constellations interfere in real-time. Under Gaussian channels, AWF is strongly convex--concave on nondegenerate active channels, whereas discrete constellations yield generally nonconvex mercury/water-filling formulations. In this paper we propose the Adversarial Water-Filling (AWF) problem with corresponding theory and algorithms for these real situations. In addition, we develop a wireless foundation model for AWF to learn the AWF search dynamics. The architecture incorporates permutation-invariant channel representations, a constraint-aware graph neural network (GNN) with sparse message passing, and global latent variables capturing the low-dimensional water level implied by the AWF optimality. Through learned projected extragradient iterations, the model approximates stationary solutions of the constrained minimax problem arising under mercury/water-filling. We further show that, under local regularity and contractivity conditions, the learned AWF dynamics converge locally linearly around regular stationary points. Experiments demonstrate empirical generalization across unseen problem sizes, different constraints, and multiple discrete constellations, while achieving more than one-order-of-magnitude runtime improvements over iterative baselines. The related code can be found at https://github.com/convexsoft/AWF.