This space you speak of is commonly referred to as the root opening. You didn’t mention a code, but in the structural welding code, the gap (root opening) can’t exceed 3/16 “ except in cases involving either shapes or plates 3” or greater in thickness if, after straightening and in assembly, the root opening can’t be closed sufficiently to meet this tolerance. In such cases, a maximum root opening of 5/16” may be used, provided suitable backing is used. If the separation is greater than 1/16”, the legs of the fillet weld must be increased by the amount of the root opening, or the Contractor must demonstrate that the required effective throat has been obtained. At the beginning of your post, you mentioned a butt weld, but at the end, your question was about fillet welds.