ΔE 16.3, loose: different enough that you should pick on purpose. Chaotic Red is more muted, warmer than Octopus Purple.
Not as a straight swap; see the closer alternatives below. Loose match (ΔE 16). Chaotic Red is more muted, warmer than Octopus Purple.
The same difference applies the other way round: Octopus Purple is more saturated, cooler.
ΔE is the colour difference between our two swatch estimates: under about 6 is close, over about 15 is loose. Real paints also differ in finish, coverage and how they thin, so test before you commit.
See Octopus Purple on the colour wheel See Chaotic Red on the colour wheel
All matches: Octopus Purple equivalents · Chaotic Red equivalents