diff --git a/.changeset/async-svelte-set.md b/.changeset/async-svelte-set.md
new file mode 100644
index 0000000000..6f66f950d4
--- /dev/null
+++ b/.changeset/async-svelte-set.md
@@ -0,0 +1,5 @@
+---
+'svelte': patch
+---
+
+fix: make SvelteSet work with async mode
diff --git a/.changeset/spicy-teeth-tan.md b/.changeset/spicy-teeth-tan.md
new file mode 100644
index 0000000000..c7efa65130
--- /dev/null
+++ b/.changeset/spicy-teeth-tan.md
@@ -0,0 +1,5 @@
+---
+'svelte': patch
+---
+
+fix: defer batch resolution until earlier intersecting batches have committed
diff --git a/packages/svelte/src/reactivity/set.js b/packages/svelte/src/reactivity/set.js
index d7c2deeaae..7f6adad047 100644
--- a/packages/svelte/src/reactivity/set.js
+++ b/packages/svelte/src/reactivity/set.js
@@ -1,8 +1,9 @@
 /** @import { Source } from '#client' */
 import { DEV } from 'esm-env';
-import { source, set, state, increment } from '../internal/client/reactivity/sources.js';
+import { source, set, state } from '../internal/client/reactivity/sources.js';
 import { label, tag } from '../internal/client/dev/tracing.js';
 import { get, update_version } from '../internal/client/runtime.js';
+import { async_mode_flag } from '../internal/flags/index.js';
 
 var read_methods = ['forEach', 'isDisjointFrom', 'isSubsetOf', 'isSupersetOf'];
 var set_like_methods = ['difference', 'intersection', 'symmetricDifference', 'union'];
@@ -47,8 +48,8 @@ var inited = false;
 export class SvelteSet extends Set {
 	/** @type {Map<T, Source<boolean>>} */
 	#sources = new Map();
-	#version = state(0);
-	#size = state(0);
+	/** @type {Source<Set<T>>} */
+	#items;
 	#update_version = update_version || -1;
 
 	/**
@@ -57,19 +58,16 @@ export class SvelteSet extends Set {
 	constructor(value) {
 		super();
 
-		if (DEV) {
-			// If the value is invalid then the native exception will fire here
-			value = new Set(value);
+		this.#items = state(new Set(value));
+
+		var sources = this.#sources;
 
-			tag(this.#version, 'SvelteSet version');
-			tag(this.#size, 'SvelteSet.size');
+		for (const value of this.#items.v) {
+			sources.set(value, this.#source(true));
 		}
 
-		if (value) {
-			for (var element of value) {
-				super.add(element);
-			}
-			this.#size.v = super.size;
+		if (DEV) {
+			tag(this.#items, 'SvelteSet items');
 		}
 
 		if (!inited) this.#init();
@@ -98,18 +96,16 @@ export class SvelteSet extends Set {
 		for (const method of read_methods) {
 			// @ts-ignore
 			proto[method] = function (...v) {
-				get(this.#version);
 				// @ts-ignore
-				return set_proto[method].apply(this, v);
+				return set_proto[method].apply(get(this.#items), v);
 			};
 		}
 
 		for (const method of set_like_methods) {
 			// @ts-ignore
 			proto[method] = function (...v) {
-				get(this.#version);
 				// @ts-ignore
-				var set = /** @type {Set<T>} */ (set_proto[method].apply(this, v));
+				var set = /** @type {Set<T>} */ (set_proto[method].apply(get(this.#items), v));
 				return new SvelteSet(set);
 			};
 		}
@@ -117,19 +113,18 @@ export class SvelteSet extends Set {
 
 	/** @param {T} value */
 	has(value) {
-		var has = super.has(value);
 		var sources = this.#sources;
 		var s = sources.get(value);
 
 		if (s === undefined) {
-			if (!has) {
+			if (!async_mode_flag) {
 				// If the value doesn't exist, track the version in case it's added later
 				// but don't create sources willy-nilly to track all possible values
-				get(this.#version);
+				get(this.#items);
 				return false;
 			}
 
-			s = this.#source(true);
+			s = this.#source(get(this.#items).has(value));
 
 			if (DEV) {
 				tag(s, `SvelteSet has(${label(value)})`);
@@ -138,16 +133,27 @@ export class SvelteSet extends Set {
 			sources.set(value, s);
 		}
 
-		get(s);
-		return has;
+		return get(s);
 	}
 
 	/** @param {T} value */
 	add(value) {
-		if (!super.has(value)) {
-			super.add(value);
-			set(this.#size, super.size);
-			increment(this.#version);
+		var sources = this.#sources;
+		var s = sources.get(value);
+
+		if (s !== undefined) {
+			set(s, true);
+		} else {
+			sources.set(value, this.#source(true));
+		}
+
+		var items = get(this.#items);
+
+		if (!items.has(value)) {
+			const clone = new Set(items);
+			clone.add(value);
+
+			set(this.#items, clone);
 		}
 
 		return this;
@@ -155,7 +161,8 @@ export class SvelteSet extends Set {
 
 	/** @param {T} value */
 	delete(value) {
-		var deleted = super.delete(value);
+		var items = get(this.#items);
+		var has = items.has(value);
 		var sources = this.#sources;
 		var s = sources.get(value);
 
@@ -164,20 +171,24 @@ export class SvelteSet extends Set {
 			set(s, false);
 		}
 
-		if (deleted) {
-			set(this.#size, super.size);
-			increment(this.#version);
+		if (has) {
+			const clone = new Set(items);
+			clone.delete(value);
+
+			set(this.#items, clone);
 		}
 
-		return deleted;
+		return has;
 	}
 
 	clear() {
-		if (super.size === 0) {
+		if (get(this.#items).size === 0) {
 			return;
 		}
+
 		// Clear first, so we get nice console.log outputs with $inspect
-		super.clear();
+		set(this.#items, new Set());
+
 		var sources = this.#sources;
 
 		for (var s of sources.values()) {
@@ -185,8 +196,6 @@ export class SvelteSet extends Set {
 		}
 
 		sources.clear();
-		set(this.#size, 0);
-		increment(this.#version);
 	}
 
 	keys() {
@@ -194,20 +203,18 @@ export class SvelteSet extends Set {
 	}
 
 	values() {
-		get(this.#version);
-		return super.values();
+		return get(this.#items).values();
 	}
 
 	entries() {
-		get(this.#version);
-		return super.entries();
+		return get(this.#items).entries();
 	}
 
 	[Symbol.iterator]() {
-		return this.keys();
+		return this.values();
 	}
 
 	get size() {
-		return get(this.#size);
+		return get(this.#items).size;
 	}
 }
diff --git a/packages/svelte/tests/runtime-runes/samples/async-overlapping-svelte-set/_config.js b/packages/svelte/tests/runtime-runes/samples/async-overlapping-svelte-set/_config.js
new file mode 100644
index 0000000000..e28ba86489
--- /dev/null
+++ b/packages/svelte/tests/runtime-runes/samples/async-overlapping-svelte-set/_config.js
@@ -0,0 +1,145 @@
+import { tick } from 'svelte';
+import { test } from '../../test';
+
+export default test({
+	async test({ assert, target }) {
+		await tick();
+
+		const [add, shift, pop] = target.querySelectorAll('button');
+
+		add.click();
+		await tick();
+		add.click();
+		await tick();
+		assert.htmlEqual(
+			target.innerHTML,
+			`
+				<button>add</button>
+				<button>shift</button>
+				<button>pop</button>
+				<p>pending=2 values.size=1 values=[1]</p>
+				<hr>
+				<p>1: true</p>
+				<p>2: false</p>
+				<p>3: false</p>
+				<p>4: false</p>
+				<p>5: false</p>
+				<hr>
+				<p>1</p>
+			`
+		);
+
+		shift.click();
+		await tick();
+		assert.htmlEqual(
+			target.innerHTML,
+			`
+				<button>add</button>
+				<button>shift</button>
+				<button>pop</button>
+				<p>pending=1 values.size=2 values=[1,2]</p>
+				<hr>
+				<p>1: true</p>
+				<p>2: true</p>
+				<p>3: false</p>
+				<p>4: false</p>
+				<p>5: false</p>
+				<hr>
+				<p>1</p>
+				<p>2</p>
+			`
+		);
+
+		shift.click();
+		await tick();
+		assert.htmlEqual(
+			target.innerHTML,
+			`
+				<button>add</button>
+				<button>shift</button>
+				<button>pop</button>
+				<p>pending=0 values.size=3 values=[1,2,3]</p>
+				<hr>
+				<p>1: true</p>
+				<p>2: true</p>
+				<p>3: true</p>
+				<p>4: false</p>
+				<p>5: false</p>
+				<hr>
+				<p>1</p>
+				<p>2</p>
+				<p>3</p>
+			`
+		);
+
+		add.click();
+		await tick();
+		add.click();
+		await tick();
+		assert.htmlEqual(
+			target.innerHTML,
+			`
+				<button>add</button>
+				<button>shift</button>
+				<button>pop</button>
+				<p>pending=2 values.size=3 values=[1,2,3]</p>
+				<hr>
+				<p>1: true</p>
+				<p>2: true</p>
+				<p>3: true</p>
+				<p>4: false</p>
+				<p>5: false</p>
+				<hr>
+				<p>1</p>
+				<p>2</p>
+				<p>3</p>
+			`
+		);
+
+		pop.click();
+		await tick();
+		assert.htmlEqual(
+			target.innerHTML,
+			`
+				<button>add</button>
+				<button>shift</button>
+				<button>pop</button>
+				<p>pending=1 values.size=3 values=[1,2,3]</p>
+				<hr>
+				<p>1: true</p>
+				<p>2: true</p>
+				<p>3: true</p>
+				<p>4: false</p>
+				<p>5: false</p>
+				<hr>
+				<p>1</p>
+				<p>2</p>
+				<p>3</p>
+			`
+		);
+
+		pop.click();
+		await tick();
+		assert.htmlEqual(
+			target.innerHTML,
+			`
+				<button>add</button>
+				<button>shift</button>
+				<button>pop</button>
+				<p>pending=0 values.size=5 values=[1,2,3,4,5]</p>
+				<hr>
+				<p>1: true</p>
+				<p>2: true</p>
+				<p>3: true</p>
+				<p>4: true</p>
+				<p>5: true</p>
+				<hr>
+				<p>1</p>
+				<p>2</p>
+				<p>3</p>
+				<p>4</p>
+				<p>5</p>
+			`
+		);
+	}
+});
diff --git a/packages/svelte/tests/runtime-runes/samples/async-overlapping-svelte-set/main.svelte b/packages/svelte/tests/runtime-runes/samples/async-overlapping-svelte-set/main.svelte
new file mode 100644
index 0000000000..5995a44990
--- /dev/null
+++ b/packages/svelte/tests/runtime-runes/samples/async-overlapping-svelte-set/main.svelte
@@ -0,0 +1,43 @@
+<script>
+	import { SvelteSet } from 'svelte/reactivity';
+
+	let values = new SvelteSet([1]);
+
+	const queue = [];
+
+	function push(v) {
+		if (v === 1) return v;
+
+		const p = Promise.withResolvers();
+		queue.push(() => p.resolve(v));
+		return p.promise;
+	}
+
+	function addValue() {
+		values.add(values.size + 1);
+	}
+</script>
+
+<button onclick={addValue}>add</button>
+<button onclick={() => queue.shift()?.()}>shift</button>
+<button onclick={() => queue.pop()?.()}>pop</button>
+
+<p>
+	pending={$effect.pending()}
+	values.size={values.size}
+	values=[{Array.from(values)}]
+</p>
+
+<hr>
+
+<p>1: {values.has(1)}</p>
+<p>2: {values.has(2)}</p>
+<p>3: {values.has(3)}</p>
+<p>4: {values.has(4)}</p>
+<p>5: {values.has(5)}</p>
+
+<hr>
+
+{#each values as v(v)}
+	<p>{await push(v)}</p>
+{/each}