In a medium bowl, mix the mayonnaise, cream cheese, crab meat, cheddar cheese, lemon juice, Worcestershire and Cholula Chili Lime Hot Sauce. Transfer to a shallow baking dish (approximately 9” x 13”). Top with paprika.
Bake in the preheated oven until golden brown, about 30 minutes. Let stand 5 minutes before serving. Garnish with lime wheel and parsley. Serve with toasted crostini or crackers.