The most common and most likely answer to this crossword clue is the 5 letter word KINKY
I've seen this crossword clue in The Times
K
I
N
K
Y
Buddy explains!

The straight part
We know that "Warped" is the straight/definition part of the clue. The straight part is often a synonym or definition, in this case warped = kinky.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.
What does KINKY mean?
KINKY adjective- Full of kinks; liable to kink or curl.
- Marked by unconventional sexual preferences or behavior, as fetishism, sadomasochism, and other sexual practices.
- Queer; eccentric; crotchety.