This sounds like classic clutch slip. If you are at 90k miles without ever having replaced the clutch this is the most likely culprit.
What tool are you using to measure A/F?
What in the hell are you doing trying to get the clutch to slip IN 5TH GEAR GOING 30-35 MPH!? This is terrible for the car. Clutch slip is most likely to happen at high RPMS in a high gear while in boost. If you are trying to get the clutch to slip in 5th gear you need to be going at least 70-80mph....
To me this sounds like a couple of problems. The random and fast 1k rise in RPMS while the car isn't physically going any quicker is textbook clutch slipping. But if you are reading A/F on a wideband o2 sensor and are seeing a 10 A/F when wide open throttle then there is also another issue. If you are measuring A/F ratio with a Cobb AP, then this measurement is invalid as it uses the stock narrow band o2 sensor which doesn't give an accurate reading when outside of stoich.