ΔE 11.5, fair: the same colour family, but not a straight swap. Faded Red is a little darker, more saturated, warmer than Perisher Pink.
Only where an exact match doesn’t matter, such as a new unit or a highlight. Fair match (ΔE 11). Faded Red is a little darker, more saturated, warmer than Perisher Pink.
The same difference applies the other way round: Perisher Pink is a little lighter, more muted, 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 Perisher Pink on the colour wheel See Faded Red on the colour wheel
All matches: Perisher Pink equivalents · Faded Red equivalents