How is this melee weapon so cheap?

[Trazic]

It is not a comparable ratio at all. Winter's Fury is much better.

Also the proc is underwhelming. Assuming 0 resists the proc adds 2.125 DPS with 170 dex and 2.833 DPS with 255 dex. And there are going to be resists especially on a twink fighting red con mobs.