The dual nature of blazar fast variability. Space and ground observations of S5 0716+714
C. M. Raiteri, M. Villata, D. Carosati, E. Ben\'itez, S. O., Kurtanidze, A. C. Gupta, D. O. Mirzaqulov, F. D'Ammando, V. M. Larionov, T., Pursimo, J. A. Acosta-Pulido, G. V. Baida, B. Balmaverde, G. Bonnoli, G. A., Borman, M. I. Carnerero, W.-P. Chen, V. Dhiman, A. Di Maggio

TL;DR
This study uses space and ground observations to analyze the rapid variability of blazar S5 0716+714 across multiple wavelengths, revealing characteristic time-scales and their likely physical origins.
Contribution
It introduces a new method for detecting the shortest optical variability time-scales using progressive de-trending of high-cadence light curves.
Findings
Identified characteristic variability time-scales of about 1.7, 0.5, and 0.2 days.
Found that variability below 0.2 days is chromatic and intrinsic.
Observed that longer variability (> 0.5 days) is quasi-achromatic and geometric.
Abstract
Blazar S5 0716+714 is well-known for its short-term variability, down to intra-day time-scales. We here present the 2-min cadence optical light curve obtained by the TESS space telescope in 2019 December - 2020 January and analyse the object fast variability with unprecedented sampling. Supporting observations by the Whole Earth Blazar Telescope Collaboration in B, V , R, and I bands allow us to investigate the spectral variability during the TESS pointing. The spectral analysis is further extended in frequency to the UV and X-ray bands with data from the Neil Gehrels Swift Observatory. We develop a new method to unveil the shortest optical variability time-scales. This is based on progressive de-trending of the TESS light curve by means of cubic spline interpolations through the binned fluxes, with decreasing time bins. The de-trended light curves are then analysed with classical tools…
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