div {
height: 200px;
width: 200px;
box-sizing: border-box;
background-image: linear-gradient(to right, red 50px, transparent 50px), linear-gradient(to bottom, red 50px, transparent 50px), linear-gradient(to right, red 50px, transparent 50px), linear-gradient(to bottom, red 50px, transparent 50px);
background-size: 100% 3px, 3px 100%, 100% 3px, 3px 100%;
background-repeat: no-repeat;
background-position: 0px 0px, right -50px, 200px bottom, 0px 200px;
animation: border 5s linear infinite;
}
@keyframes border {
20% {
background-position: 150px 0px, right -50px, 200px bottom, 0px 200px;
}
25% {
background-position: 200px 0px, right 0px, 200px bottom, 0px 200px;
}
45% {
background-position: 200px 0px, right 150px, 200px bottom, 0px 200px;
}
50% {
background-position: 200px 0px, right 200px, 150px bottom, 0px 200px;
}
70% {
background-position: 200px 0px, right 200px, 0px bottom, 0px 200px;
}
75% {
background-position: 200px 0px, right 200px, -50px bottom, 0px 150px;
}
95% {
background-position: 200px 0px, right 200px, -50px bottom, 0px 0px;
}
95.1% {
background-position: -50px 0px, right 200px, -50px bottom, 0px 0px;
}
100% {
background-position: 0px 0px, right 200px, -50px bottom, 0px -50px;
}
}
<div class='border-animation'></div>