A little late but I've come back to this etude after many years and have some tips that might be helpful to others learning this.
This exercise is not really a study in arpeggio technique (as there is never any need to do a traditional 'thumb under' arpeggio) but rather a way of ingraining correct positioning of the hand to play each interval (at lightning speed). The main thing to do is ensure you are playing easily and correctly (as in correct technique not just correct notes) at 130 bpm and then increase the tempo.
For example, for the first RH interval C - G, ensure your hand is oriented purely to play this interval. Your thumb should be very slightly turned inwards but your fingers should be pointed outwards. As you move to the G you reorient your hand so that the next interval (G - C) is lined up (your middle finger should be pointing forwards). Likewise as you move to the C line up your fourth and fifth fingers to play C - E, and, again to play the E - C your fingers and thumb should be pulled in together (similar to how you would hold a tennis ball). At every stage you should not feel any tension or wrist strain.
For some of the patterns this might sound heretical but do not try to connect all the notes with finger legato . For example, the pattern C - Eb - A - Eb don't connect the A - Eb. Instead treat the sequence as almost like a chord playing fingers 1-2-4 on C-Eb-A but first starting with your little finger on the Eb then pick your hand up and move it up an octave. Similarly with A - E - A - C# treat it as 2-4-5 on E - A - C# with your thumb ending on A then move it up an octave. You'll recognize the 'chord' shapes once you try this.
One other 'trick' - play it with your eyes closed! Doing this forces you to think of, feel for, and ingrain the intervals. You'll be surprised at how much faster you can play just from a few solid days of slow practice without looking at the keyboard.
This might all sound like basic advice (focus on the intervals, avoid tension, don't look at the keys) but Chopin was apparently quoted as saying about this etude 'unfortunately, instead of teaching, it frequently un-teaches everything'.