The most common and most likely answer to this crossword clue is the 5 plus 5 letter word COMIC NOVEL
C
O
M
I
C
N
O
V
E
L
More clues leading to the result COMIC NOVEL
Buddy explains!
The straight part
We know that "Funny book" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case funny book = comic novel.The cryptic/wordplay part
In cryptic crossword there's often an wordplay/cryptic part as well.This part involves a more complex hint, such as an anagram, homophone, hidden word, etc.
Sadly, We don't have an explanation for this specific crossword clue yet.