Deku might be completely shocked at first. Since Bakugou has always been so aggressive towards him, he would never expect such a confession. He might just stand there, mouth agape, not knowing what to say.
In 'deku meets future deku fanfiction', perhaps the future Deku warns the present one about upcoming threats. He could tell him about villains he'll face in the future and how to defeat them. This would give the present Deku an edge in his battles and also in his growth as a hero.
He might cry a lot. Deku is very emotional, and being cheated on would be a very painful experience for him. He could also get angry, which is rare for him, but this situation would be so unjust that he might not be able to hold it in. He'd probably start to question his self - worth too, thinking that there was something wrong with him that made his partner cheat.
Bakugo would likely be furious. He'd feel betrayed and would probably be the first to attack Deku, yelling at him about how he's thrown away everything they've worked for. Uraraka might be more empathetic. She'd try to understand what drove Deku to become a villain and hope there's a way to bring him back to the side of good.
I haven't come across one, but you could try looking on specialized comic websites or social media groups focused on comics. Maybe someone there knows if such a comic exists.
One possible plot could be that Villain Deku is on a mission to undermine the hero society and crosses paths with Hero Deku. They engage in a fierce battle where Villain Deku taunts Hero Deku about his ideals. In the end, Hero Deku manages to get through to a small part of Villain Deku's conscience, leaving him with some doubts about his villainous path.
Another possibility is that a new villain emerges as a result of the time - travel or whatever mechanism brings future Deku to the present. This villain could be from a future where Deku's actions (or inactions) have led to a more dangerous world, and he travels back in time to stop Deku from making those mistakes again. However, his methods are extreme and dangerous, making him the antagonist of the story.
Deku might be initially shocked. He's used to Bakugou's aggression, but an actual injury is different. He could be in pain and disbelief at first. Then, he might try to downplay it, especially if he doesn't want to cause trouble for Bakugou, because Deku is generally a very forgiving character.