Chaotic Red vs Bloodstone

How close are they?

ΔE 17.8, loose: different enough that you should pick on purpose. Bloodstone is noticeably lighter, more saturated than Chaotic Red.

Can I use Bloodstone instead of Chaotic Red?

Not as a straight swap; see the closer alternatives below. Loose match (ΔE 18). Bloodstone is noticeably lighter, more saturated than Chaotic Red.

Can I use Chaotic Red instead of Bloodstone?

The same difference applies the other way round: Chaotic Red is noticeably darker, more muted.

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.