The hot cheeto is a sex practice where in one uses napalm as vaginal lube. A male's genitalia functions as the "cheeto" and the napalm gives it a fun little kick. Ergo; the hot cheeto.
"Yo man, me and my tinder date did the hot cheeto last night!"
"BRO! I bet that really spiced things up between you guys."
"I dont think so, she left right away."