Exploring the connection between compact object mergers and fast X-ray transients

Context. The connection between compact object mergers and some extragalactic fast X-ray transients (FXRTs) has long been hypothesised but never ultimately established. Aims. In this work, we investigate two FXRTs, the LEIA X-ray Transient LXT 240402A and the Einstein Probe EP 250207b, whose precise positions lie close to nearby (z ≲ 0.1) quiescent galaxies with a negligible probability of chance coincidence, identifying them as particularly promising cases of merger-driven explosions in the local Universe. Methods. We used Chandra to derive accurate localisations for both events and secure otherwise ambiguous associations with their optical counterparts. Deep optical and near-infrared observations with VLT, GTC, and LBT were performed to characterise the surrounding environment and search for kilonova emission, the hallmark of neutron star mergers. Complementary early-time X-ray monitoring with Swift and Einstein Probe was used to constrain the non-thermal afterglow. Results. We find that both FXRTs remain compatible with a compact binary merger progenitor, which produced low-mass ejecta and kilonova emission subdominant to the afterglow. However, alternative explanations such as a distant (z ≳ 1) core-collapse supernova cannot be conclusively ruled out.