a time of randomness where a group of cool people begin dancing by bouncing their fists in the air above their chest and badly beatboxing. this is usually done with russian accent
Teacher: OK class its time to open ur books to page....
Students: FUNKY TIME! *do chi do chi do chi do chi do chi*
by drag the weed and pass it on October 23, 2009
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To have the funkiest time. Sometimes used as a sexual innuendo.
Let's have a funky time.

That was the funkiest time I've had in years.
by GayKermitMeme July 09, 2018
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