I think both can survive - there's almost 25 degrees of longitude separating the two storms. They are both moving at about the same rate, just under 10 knots, and while there seems to be a "channel" between the two storms, I don't think it's anything that will cause the depression or Chaba to weaken. Usually the storm out ahead of the other storm wins out in the case of two very close storms; but, given sufficient distance between the two, the only impacts you might see are some upwelling of the waters ahead of Chaba in 2-3 days that limit intensification.