diff --git a/packages/svelte/src/internal/client/reactivity/async.js b/packages/svelte/src/internal/client/reactivity/async.js
index a75f97a54f..3548e52fcd 100644
--- a/packages/svelte/src/internal/client/reactivity/async.js
+++ b/packages/svelte/src/internal/client/reactivity/async.js
@@ -143,7 +143,7 @@ export function capture() {
 		if (activate_batch && (previous_effect.f & DESTROYED) === 0) {
 			// TODO we only need optional chaining here because `{#await ...}` blocks
 			// are anomalous. Once we retire them we can get rid of it
-			previous_batch?.activate();
+			previous_batch = previous_batch?.activate();
 			previous_batch?.apply();
 		}
 
diff --git a/packages/svelte/src/internal/client/reactivity/batch.js b/packages/svelte/src/internal/client/reactivity/batch.js
index f71f80b1a0..0e4e7ae96b 100644
--- a/packages/svelte/src/internal/client/reactivity/batch.js
+++ b/packages/svelte/src/internal/client/reactivity/batch.js
@@ -79,6 +79,12 @@ export let wv_values = null;
  */
 export let held_sources = null;
 
+/**
+ * Sources where the current batch reads an outdated value not in its own `current` map. Used to discover dependencies between batches.
+ * @type {Map<Value, Batch> | null}
+ */
+export let stale_sources = null;
+
 /** @type {Effect | null} */
 let last_scheduled_effect = null;
 
@@ -117,6 +123,9 @@ export class Batch {
 
 	linked = true;
 
+	/** @type {Batch | null} */
+	merged_into = null;
+
 	/** @type {Map<Effect, number>} */
 	stale_effects = new Map();
 
@@ -852,6 +861,7 @@ export class Batch {
 
 		this.oncommit(() => batch.discard());
 		batch.#unlink();
+		batch.merged_into = this;
 
 		current_batch = this;
 		this.#process();
@@ -896,7 +906,8 @@ export class Batch {
 		let batch = this.next;
 		let is_latest_value = !this.is_fork;
 		while (batch) {
-			if (source.f & ASYNC) {
+			// TODO this is obsolete through runtime.js logic?
+			if (source.f & ASYNC && false) {
 				// TODO I think this is wrong IF the async source was already written to by a later batch;
 				// we gotta check if it's the source is also part of the later batch.
 				const b = batch;
@@ -1015,8 +1026,13 @@ export class Batch {
 		// }
 	}
 
+	/**
+	 * Activate batch - could be merged into another batch in the meantime,
+	 * in which case that other batch becomes the active batch.
+	 * @returns {Batch}
+	 */
 	activate() {
-		current_batch = this;
+		return (current_batch = this.merged_into?.activate() ?? this);
 	}
 
 	deactivate() {
@@ -1045,6 +1061,7 @@ export class Batch {
 			current_batch = null;
 			batch_values = null;
 			wv_values = null;
+			stale_sources = null;
 
 			old_values.clear();
 
@@ -1305,6 +1322,7 @@ export class Batch {
 		if (!async_mode_flag || (!this.is_fork && this.prev === null && this.next === null)) {
 			batch_values = null;
 			wv_values = null;
+			stale_sources = null;
 			return;
 		}
 
@@ -1313,6 +1331,8 @@ export class Batch {
 		batch_values = new Map();
 		wv_values = new Map();
 		held_sources = new Map();
+		stale_sources = new Map();
+
 		for (const [source, [value, _, wv]] of this.current) {
 			batch_values.set(source, value);
 			wv_values.set(source, wv);
@@ -1329,6 +1349,12 @@ export class Batch {
 
 			if (batch.is_fork) continue;
 
+			if (batch.id > this.id || this.is_eager) {
+				for (const source of batch.current.keys()) {
+					if (!this.current.has(source)) stale_sources.set(source, batch);
+				}
+			}
+
 			if (batch.id > this.id || include_earlier || this.is_eager) {
 				for (const [source, value] of batch.previous) {
 					if (!batch_values.has(source)) {
diff --git a/packages/svelte/src/internal/client/reactivity/deriveds.js b/packages/svelte/src/internal/client/reactivity/deriveds.js
index 07ef895933..1a3c77f306 100644
--- a/packages/svelte/src/internal/client/reactivity/deriveds.js
+++ b/packages/svelte/src/internal/client/reactivity/deriveds.js
@@ -251,7 +251,7 @@ export function async_derived(fn, label, location) {
 
 			if (error === OBSOLETE) return;
 
-			batch.activate();
+			batch = batch.activate();
 
 			if (error) {
 				signal.f |= ERROR_VALUE;
diff --git a/packages/svelte/src/internal/client/runtime.js b/packages/svelte/src/internal/client/runtime.js
index 75575bafed..ba8b4a690e 100644
--- a/packages/svelte/src/internal/client/runtime.js
+++ b/packages/svelte/src/internal/client/runtime.js
@@ -22,7 +22,8 @@ import {
 	STALE_REACTION,
 	ERROR_VALUE,
 	MANAGED_EFFECT,
-	REACTION_RAN
+	REACTION_RAN,
+	ASYNC
 } from './constants.js';
 import { old_values } from './reactivity/sources.js';
 import {
@@ -53,6 +54,7 @@ import {
 	held_sources,
 	previous_batch,
 	schedule_effect,
+	stale_sources,
 	wv_values
 } from './reactivity/batch.js';
 import { handle_error } from './error-handling.js';
@@ -61,6 +63,7 @@ import { captured_signals } from './legacy.js';
 import { without_reactive_context } from './dom/elements/bindings/shared.js';
 import { set_signal_status, update_derived_status } from './reactivity/status.js';
 import * as w from './warnings.js';
+import { queue_micro_task } from './dom/task.js';
 
 /**
  * True if updating in an effect context that is reactive (i.e. not branch/root effects)
@@ -781,8 +784,34 @@ export function get(signal) {
 		}
 	}
 
-	if (current_batch && held_sources?.has(signal)) {
-		current_batch.dependent.add(/** @type {Batch} */ (held_sources.get(signal)));
+	if (current_batch || previous_batch?.is_eager) {
+		const current = /** @type {Batch} */ (current_batch ?? previous_batch);
+		if (!current.is_eager && held_sources?.has(signal)) {
+			current.dependent.add(/** @type {Batch} */ (held_sources.get(signal)));
+		}
+		const batch = stale_sources?.get(signal);
+		if (batch) {
+			if (!current.is_eager) batch.dependent.add(current);
+			// TODO do we only need this for async/block effects?
+			if (active_effect && (is_updating_effect || active_effect.f & ASYNC)) {
+				const effect = active_effect;
+				// TODO can overfire when two stale reads within one effect, because no "already scheduled this" logic.
+				// TODO how to know "ok we already did this now"
+				if (current.is_eager) {
+					batch.oncommit(() => {
+						const b = Batch.ensure();
+						set_signal_status(effect, DIRTY);
+						b.schedule(effect);
+					});
+				} else {
+					queue_micro_task(() => {
+						set_signal_status(effect, DIRTY);
+						batch.schedule(effect);
+						batch.flush();
+					});
+				}
+			}
+		}
 	}
 
 	if (
diff --git a/packages/svelte/tests/runtime-runes/samples/async-overlap-multiple-5/_config.js b/packages/svelte/tests/runtime-runes/samples/async-overlap-multiple-5/_config.js
index 6ba84c63b2..f07c86dc0c 100644
--- a/packages/svelte/tests/runtime-runes/samples/async-overlap-multiple-5/_config.js
+++ b/packages/svelte/tests/runtime-runes/samples/async-overlap-multiple-5/_config.js
@@ -45,37 +45,6 @@ export default test({
 		`
 		);
 
-		// how it's on main
-
-		// shift.click();
-		// await tick();
-		// assert.htmlEqual(
-		// 	target.innerHTML,
-		// 	`
-		// 	a 0 | b 0 | c 1 | d 1
-		// 	<button>a++</button>
-		// 	<button>c++</button>
-		// 	<button>shift</button>
-		// 	<button>pop</button>
-		// `
-		// );
-
-		// shift.click();
-		// await tick();
-		// shift.click();
-		// await tick();
-		// assert.htmlEqual(
-		// 	target.innerHTML,
-		// 	`
-		// 	a 1 | b 2 | c 1 | d 3
-		// 	<button>a++</button>
-		// 	<button>c++</button>
-		// 	<button>shift</button>
-		// 	<button>pop</button>
-		// `
-		// );
-
-		// how it's on https://github.com/sveltejs/svelte/pull/17971 and here
 		shift.click();
 		await tick();
 		assert.htmlEqual(
diff --git a/packages/svelte/tests/runtime-runes/samples/async-read-pending-value-in-committed-batch/_config.js b/packages/svelte/tests/runtime-runes/samples/async-read-pending-value-in-committed-batch/_config.js
index 6a65bb3c1a..049f1989bc 100644
--- a/packages/svelte/tests/runtime-runes/samples/async-read-pending-value-in-committed-batch/_config.js
+++ b/packages/svelte/tests/runtime-runes/samples/async-read-pending-value-in-committed-batch/_config.js
@@ -32,11 +32,11 @@ export default test({
 		await tick();
 
 		// B's continuation first-reads `a`, which is overlaid by the pending
-		// merged batch. B has already committed its UI, so it cannot entangle —
-		// it reads the latest value (1) instead
+		// merged batch's pre-write value (0). This is noticed so B tells C
+		// to rerun the async effect with the current value.
 		shift_t.click();
 		await tick();
-		assert.htmlEqual(target.innerHTML, `${buttons} <p>late read: 1</p> <p>loading 2...</p>`);
+		assert.htmlEqual(target.innerHTML, `${buttons} <p>loading 1...</p> <p>loading 2...</p>`);
 
 		// revert `a` to 0 inside the pending batch — its eventual commit leaves
 		// `a` unchanged. The write re-runs the late reader (it acquired `a` as a
@@ -51,7 +51,8 @@ export default test({
 		await tick();
 		shift_a.click();
 		await tick();
-		assert.htmlEqual(target.innerHTML, `${buttons} <p>late read: 1</p> <p>async a: 0</p>`);
+		// only rerun from above still pending
+		assert.htmlEqual(target.innerHTML, `${buttons} <p>loading 1...</p> <p>async a: 0</p>`);
 
 		// resolve the late reader's re-run -> it converges on the committed value
 		shift_t.click();
diff --git a/packages/svelte/tests/runtime-runes/samples/async-read-pending-value-stale-reader/_config.js b/packages/svelte/tests/runtime-runes/samples/async-read-pending-value-stale-reader/_config.js
new file mode 100644
index 0000000000..91db9bdd65
--- /dev/null
+++ b/packages/svelte/tests/runtime-runes/samples/async-read-pending-value-stale-reader/_config.js
@@ -0,0 +1,49 @@
+import { tick } from 'svelte';
+import { test } from '../../test';
+
+const buttons = `
+	<button>up</button>
+	<button>down</button>
+	<button>show1</button>
+	<button>show2</button>
+	<button>shift a</button>
+	<button>shift t</button>
+`;
+
+export default test({
+	async test({ assert, target }) {
+		await tick();
+
+		const [up, , show1, show2, shift_a, shift_t] = target.querySelectorAll('button');
+
+		show1.click();
+		await tick();
+		assert.htmlEqual(target.innerHTML, `${buttons} <p>loading 1...</p>`);
+
+		show2.click();
+		await tick();
+		assert.htmlEqual(target.innerHTML, `${buttons} <p>loading 1...</p> <p>loading 2...</p>`);
+
+		// batch A: writes a=1; async-a effect re-runs and is pending
+		up.click();
+		await tick();
+
+		// B's continuation first-reads `a` through the pending batch's pre-write overlay. This
+		// causes a rerun of the async effect inside A.
+		shift_t.click();
+		await tick();
+		assert.htmlEqual(target.innerHTML, `${buttons} <p>loading 1...</p> <p>loading 2...</p>`);
+
+		// resolve the pending batch's async-a runs -> it commits a=1.
+		shift_a.click();
+		await tick();
+		shift_a.click();
+		await tick();
+		assert.htmlEqual(target.innerHTML, `${buttons} <p>loading 1...</p> <p>async a: 1</p>`);
+
+		// finish triggered rerun
+		shift_t.click();
+		await tick();
+		assert.htmlEqual(target.innerHTML, `${buttons} <p>late read: 1</p> <p>async a: 1</p>`);
+	}
+});