<div class="animated-arrow">
  <div class="arrow-container">
    <div class="arrow"></div>
<!--     <div class="cover"></div> -->
  </div>
  <div class="line-container">
    <div class="line left"></div>
    <div class="text">
      <h1>
        Hover Me!
      </h1>
    </div>
    <div class="line right"></div>
  </div>
</div>
@import url('https://fonts.googleapis.com/css?family=Josefin+Sans');
*{
  margin: 0;
  padding: 0;
  box-sizing: border-box;
}

.animated-arrow {
  cursor: pointer;
  position: absolute;
  top: 50%;
  left: 50%;
  transform: translate( -50% , -50% );
  display: block;
  height: 200px;
  width:400px;
}

.animated-arrow  .line-container{
  position: absolute;
  top: 50%;
  left: 50%;
  transform: translate( -50% , -50% );
  display: block;
  height: 200px;
  width:400px;
/*   background: rgba(0,0,0,0.5); */
}

.arrow-container{
  position: absolute;
  top: 50%;
  right: 0%;
  transform: translate( 0 , -50% );
  display: block;
  height: 200px;
  width:0;
  overflow: hidden;
  transition: all 300ms ease;
}

.animated-arrow .arrow{
  position:absolute;
  top:50%;
  right:0;
  transform: translate( -20% , -50% ) rotate(-45deg);
  transform-origin: 100%, 100%;
  height: 50px;
  width: 50px;
  border-bottom: 1px solid black;
  border-right: 1px solid black;
  -webkit-mask-image: url(data:image/png;base64,iVBORw0KGgoAAAANSUhEUgAAAAEAAAABCAAAAAA6fptVAAAACklEQVQYV2P4DwABAQEAWk1v8QAAAABJRU5ErkJggg==);
}
.animated-arrow .cover{
  position: absolute;
  top: 50%;
  right:0;
  transform: translate( 0% , -50% );
  height: 150px;
  width: 150px;
  background: rgba(255,255,255,1);
  transition: all 300ms ease;
  pointer-events: none;
}

.animated-arrow .line, .animated-arrow .text{
  position:absolute;
  top:50%;
  width:25%;
  transform: translate( -50% , -50% );
  border-top: 1px solid black;
  transition: all 300ms ease;
}

.animated-arrow .left{
  left: 12.5%;
}

.animated-arrow .right{
  left: 87.5%;
}

.animated-arrow .text{
  border: transparent;
  left: 50%;
  height: 100%;
  width: 50%;
  display: flex;
  justify-content: center;
  align-items: center;
  transition: all 300ms ease;
}
.animated-arrow .text h1{
  font-family: 'Josefin Sans', sans-serif;
  letter-spacing: 5px;
}


.animated-arrow:hover .arrow-container{
  width: 70px;
}

.animated-arrow:hover .text{
  opacity: 0;
}

.animated-arrow:hover .left{
  left:62.5%;
}


External CSS

This Pen doesn't use any external CSS resources.

External JavaScript

  1. https://cdnjs.cloudflare.com/ajax/libs/jquery/3.2.1/jquery.min.js