Most of the existing approaches focus on specific visual tasks while ignoring the relations between them. Estimating task relation sheds light on the learning of high-order semantic concepts, e.g., transfer learning. How to reveal the underlying relations between different visual tasks remains largely unexplored. In this paper, we propose a novel textbf{L}earnable textbf{P}arameter textbf{S}imilarity (textbf{LPS}) method that learns an effective metric to measure the similarity of second-order semantics hidden in trained models. LPS is achieved by using a second-order neural network to align high-dimensional model parameters and learning second-order similarity in an end-to-end way. In addition, we create a model set called ModelSet500 as a parameter similarity learning benchmark that contains 500 trained models. Extensive experiments on ModelSet500 validate the effectiveness of the proposed method. Code will be released at url{https://github.com/Wanggcong/learnable-parameter-similarity}.