The fast X-ray transient EP240315a: a z   5 gamma-ray burst in a Lyman continuum leaking galaxy

The nature of the minute-to-hour long Fast X-ray Transients (FXTs) localised by telescopes such as Chandra, Swift, and XMM-Newton remains mysterious, with numerous models suggested for the events. Here, we report multi-wavelength observations of EP240315a, a 1600 s long transient detected by the Einstein Probe, showing it to have a redshift of z=4.859. We measure a low column density of neutral hydrogen, indicating that the event is embedded in a low-density environment, further supported by direct detection of leaking ionising Lyman-continuum. The observed properties are consistent with EP240315a being a long-duration gamma-ray burst, and these observations support an interpretation in which a significant fraction of the FXT population are lower-luminosity examples of similar events. Such transients are detectable at high redshifts by the Einstein Probe and, in the (near) future, out to even larger distances by SVOM, THESEUS, and Athena, providing samples of events into the epoch of reionisation.