[panel 1: a large dodo approaches a clean, well dressed vagrant youth sat beside a well fashioned wood and stone building. The youth warily guards a bag holding their belongings and the stick they use to travel with it. The dodo asks “Pardon me, do you have the time?” and the youth replies “yes, it’s -“]
[panel 2: the dodo exclaims “You have the time!”]
[panel 3: a quartet of dodos appear and excitedly chatter over one another: “He has the time.” “The time! he has it!” “At long last! Our desperate search is at an end! The time has been found!”]
[panel 4: they lean in amongst one another and whisper “PSSHHWSSSSPTT SSHSSHHPSSTT”]
[panel 5: the group approaches the youth and asks “Will you… give us the time?” And the youth replies “It’s nine fifteen.” The dodos exclaim “AAAAAHHH! NOW WE HAVE THE TIME!”]
I'm more of a fan of what's on second.
On a more serious note, the context of the environment the wordplay joke is being done at, and how it's expressed/delivered, is what makes the difference in elevating the level of humor.
That it's not just the literal words themselves, but how they're said, and where, that makes a wordplay joke successful or not.