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Chaos King:

http://vignette2.wikia.nocookie.net/villains/images/3/35/Mikaboshi.png/revision/latest?cb=20110804191623

Pralaya:

http://static4.comicvine.com/uploads/original/12/120679/4415722-godess.jpg

Who wins this fight?

Both are the same. Pralaya was about to consume ALL of creation, which was the Omniverse, so a stalemate.

Pralaya god stomps chaos king and oblivion at the same time .

Unlike oblivion, she isn't limited by space and time or dimensional scale

Pralaya destroyed the omniverse from all axis of space and time ( including the infinite higher dimensions they shown in the story .

Even time gerlins who are created by her were ripping apart infinite universes in the storyline

Pralaya easily