diff --git a/Utilities/lockless.h b/Utilities/lockless.h
index 87e726ee3c..f49544ea3d 100644
--- a/Utilities/lockless.h
+++ b/Utilities/lockless.h
@@ -270,6 +270,30 @@ public:
 		return {};
 	}
 
+	const T& operator[](usz index) const noexcept
+	{
+		lf_queue_iterator<T> result = begin();
+
+		while (--index != umax)
+		{
+			result++;
+		}
+
+		return *result;
+	}
+
+	T& operator[](usz index) noexcept
+	{
+		lf_queue_iterator<T> result = begin();
+
+		while (--index != umax)
+		{
+			result++;
+		}
+
+		return *result;
+	}
+
 	lf_queue_slice& pop_front()
 	{
 		delete std::exchange(m_head, std::exchange(m_head->m_link, nullptr));
@@ -315,6 +339,23 @@ class lf_queue final
 public:
 	constexpr lf_queue() = default;
 
+	lf_queue(lf_queue&& other) noexcept
+	{
+		m_head.release(other.m_head.exchange(0));
+	}
+
+	lf_queue& operator=(lf_queue&& other) noexcept
+	{
+		if (this == std::addressof(other))
+		{
+			return *this;
+		}
+
+		delete load(m_head);
+		m_head.release(other.m_head.exchange(0));
+		return *this;
+	}
+
 	~lf_queue()
 	{
 		delete load(m_head);
diff --git a/rpcs3/Emu/Cell/PPUThread.cpp b/rpcs3/Emu/Cell/PPUThread.cpp
index 8b53f4ca33..0878feb511 100644
--- a/rpcs3/Emu/Cell/PPUThread.cpp
+++ b/rpcs3/Emu/Cell/PPUThread.cpp
@@ -3907,6 +3907,8 @@ extern void ppu_precompile(std::vector<std::string>& dir_queue, std::vector<ppu_
 					main_ppu_module& _main = g_fxo->get<main_ppu_module>();
 					_main = {};
 
+					auto current_cache = std::move(g_fxo->get<spu_cache>());
+
 					if (!ppu_load_exec(obj, true, path))
 					{
 						// Abort
@@ -3916,11 +3918,13 @@ extern void ppu_precompile(std::vector<std::string>& dir_queue, std::vector<ppu_
 
 					if (std::memcmp(main_module.sha1, _main.sha1, sizeof(_main.sha1)) == 0)
 					{
+						g_fxo->get<spu_cache>() = std::move(current_cache);
 						break;
 					}
 
 					if (!_main.analyse(0, _main.elf_entry, _main.seg0_code_end, _main.applied_pathes, [](){ return Emu.IsStopped(); }))
 					{
+						g_fxo->get<spu_cache>() = std::move(current_cache);
 						break;
 					}
 
@@ -3929,8 +3933,10 @@ extern void ppu_precompile(std::vector<std::string>& dir_queue, std::vector<ppu_
 					_main.name = ' '; // Make ppu_finalize work
 					Emu.ConfigurePPUCache(!Emu.IsPathInsideDir(_main.path, g_cfg_vfs.get_dev_flash()));
 					ppu_initialize(_main);
+					spu_cache::initialize(false);
 					ppu_finalize(_main);
 					_main = {};
+					g_fxo->get<spu_cache>() = std::move(current_cache);
 					break;
 				}
 
@@ -3945,6 +3951,7 @@ extern void ppu_precompile(std::vector<std::string>& dir_queue, std::vector<ppu_
 		}
 
 		g_fxo->get<main_ppu_module>() = std::move(main_module);
+		g_fxo->get<spu_cache>().collect_funcs_to_precompile = true;
 		Emu.ConfigurePPUCache();
 	});
 
diff --git a/rpcs3/Emu/Cell/SPURecompiler.cpp b/rpcs3/Emu/Cell/SPURecompiler.cpp
index 46eda7110e..28e2f330c5 100644
--- a/rpcs3/Emu/Cell/SPURecompiler.cpp
+++ b/rpcs3/Emu/Cell/SPURecompiler.cpp
@@ -516,20 +516,6 @@ spu_cache::~spu_cache()
 {
 }
 
-struct spu_section_data
-{
-	struct data_t
-	{
-		u32 vaddr;
-		std::basic_string<u32> inst_data;
-		std::vector<u32> funcs;
-	};
-
-	shared_mutex mtx;
-	atomic_t<bool> had_been_used = false;
-	std::vector<data_t> data;
-};
-
 extern void utilize_spu_data_segment(u32 vaddr, const void* ls_data_vaddr, u32 size)
 {
 	if (vaddr % 4)
@@ -549,9 +535,9 @@ extern void utilize_spu_data_segment(u32 vaddr, const void* ls_data_vaddr, u32 s
 		return;
 	}
 
-	g_fxo->need<spu_section_data>();
+	g_fxo->need<spu_cache>();
 
-	if (g_fxo->get<spu_section_data>().had_been_used)
+	if (!g_fxo->get<spu_cache>().collect_funcs_to_precompile)
 	{
 		return;
 	}
@@ -559,7 +545,7 @@ extern void utilize_spu_data_segment(u32 vaddr, const void* ls_data_vaddr, u32 s
 	std::basic_string<u32> data(size / 4, 0);
 	std::memcpy(data.data(), ls_data_vaddr, size);
 
-	spu_section_data::data_t obj{vaddr, std::move(data)};
+	spu_cache::precompile_data_t obj{vaddr, std::move(data)};
 
 	obj.funcs = spu_thread::discover_functions(vaddr, { reinterpret_cast<const u8*>(ls_data_vaddr), size }, vaddr != 0, umax);
 
@@ -576,19 +562,7 @@ extern void utilize_spu_data_segment(u32 vaddr, const void* ls_data_vaddr, u32 s
 
 	spu_log.notice("Found %u SPU functions", obj.funcs.size());
 
-	std::lock_guard lock(g_fxo->get<spu_section_data>().mtx);
-
-	for (const auto& data : g_fxo->get<spu_section_data>().data)
-	{
-		// TODO: More robust duplicates filtering
-		if (data.vaddr == vaddr && data.inst_data.starts_with(obj.inst_data))
-		{
-			spu_log.notice("Avoided duplicate SPU segment");
-			return;
-		}
-	}
-
-	g_fxo->get<spu_section_data>().data.emplace_back(std::move(obj));
+	g_fxo->get<spu_cache>().precompile_funcs.push(std::move(obj));
 }
 
 std::deque<spu_program> spu_cache::get()
@@ -693,8 +667,8 @@ void spu_cache::initialize(bool build_existing_cache)
 	atomic_t<usz> fnext{};
 	atomic_t<u8> fail_flag{0};
 
-	auto data_list = std::move(g_fxo->get<spu_section_data>().data);
-	g_fxo->get<spu_section_data>().had_been_used = true;
+	auto data_list = g_fxo->get<spu_cache>().precompile_funcs.pop_all();
+	g_fxo->get<spu_cache>().collect_funcs_to_precompile = false;
 
 	u32 total_precompile = 0;
 
@@ -717,7 +691,7 @@ void spu_cache::initialize(bool build_existing_cache)
 	else
 	{
 		total_precompile = 0;
-		data_list.clear();
+		data_list = {};
 	}
 
 	atomic_t<usz> data_indexer = 0;
diff --git a/rpcs3/Emu/Cell/SPURecompiler.h b/rpcs3/Emu/Cell/SPURecompiler.h
index 5dd68184b1..dbe56e9ff1 100644
--- a/rpcs3/Emu/Cell/SPURecompiler.h
+++ b/rpcs3/Emu/Cell/SPURecompiler.h
@@ -35,6 +35,17 @@ public:
 	void add(const struct spu_program& func);
 
 	static void initialize(bool build_existing_cache = true);
+
+	struct precompile_data_t
+	{
+		u32 vaddr;
+		std::basic_string<u32> inst_data;
+		std::vector<u32> funcs;
+	};
+
+	bool collect_funcs_to_precompile = true;
+
+	lf_queue<precompile_data_t> precompile_funcs;
 };
 
 struct spu_program