Practically, either one can send one to to permanent hell. Despite the differences or similarities, best to avoid both, according to your Lord.
From the catechism:
Offenses against chastity
2351 Lust is disordered desire for or inordinate enjoyment of sexual pleasure. Sexual pleasure is morally disordered when sought for itself, isolated from its procreative and unitive purposes.
2353 Fornication is carnal union between an unmarried man and an unmarried woman. It is gravely contrary to the dignity of persons and of human sexuality which is naturally ordered to the good of spouses and the generation and education of children. Moreover, it is a grave scandal when there is corruption of the young.
IV. OFFENSES AGAINST THE DIGNITY OF MARRIAGE
2380 Adultery refers to marital infidelity. When two partners, of whom at least one is married to another party, have sexual relations - even transient ones - they commit adultery. Christ condemns even adultery of mere desire.171 The sixth commandment and the New Testament forbid adultery absolutely.172 The prophets denounce the gravity of adultery; they see it as an image of the sin of idolatry.