Yes, If I understood correctly, your Cp is 3.5; and when calculating for Cpk, you got 3.96 in one side, and 3.10 in the other side (these are the Cpu and Cpl). The actual Cpk is the lowest, which is 3.10.
So, Cp is 3.5; Cpk is 3.10;
thus Cpk < Cp (3.10 < 3.5)