To answer the actual question -- no, it is not, neither with set bonuses nor with any in-game bonus at all. The maximum possible recharge rate is 500%; Elude has a 180s uptime and 1000s recharge, which means that even with maximum recharge bonus at all times there's still a 20s gap.
In terms of recharge rates achievable with set bonuses (and Hasten and Alpha slot), you're looking at something like at most 300% anyway, which leaves 153s of gap.
Does this include quickness ? Quickness adds 20 % recharge rate to Elude.