 Solution

Use geometrized units and metric signature $(-+++)$, with $M>0$. In the exterior of Schwarzschild spacetime, put $f=1-2M/r$. The Schwarzschild tortoise coordinate satisfiesThe retarded and advanced null coordinates $u=t-r_{\ast }$ and $v=t+r_{\ast }$ then give $d{s}^2=-fdudv+r^{2}d{\Omega }^2$. The logarithmic divergence of $r_{\ast }$ suggests exponentiating these null coordinates. In the right exterior define the Kruskal–Szekeres coordinatesTheir product eliminates $t$:Since $du=-4MdU/U$ and $dv=4MdV/V$, the Schwarzschild metric becomesHere $r$ is an implicitly defined function of $UV$. The derivative of the right side with respect to $r$ is $-r{e}^{r/(2M)}/(4M^2)$, which is nonzero at $r=2M$. The inverse function theorem therefore makes $r(UV)$ smooth across that surface, and the coefficient of $dUdV$ tends to $-16M^2/e$. Thus the Schwarzschild event horizon is a coordinate singularity of the original chart, while this Lorentzian metric remains regular there.

Extend the Kruskal–Szekeres coordinates to all real $U,V$ with $UV<1$. The signs give two exterior regions, $U<0<V$ and $V<0<U$, a future black hole region $U,V>0$, and a past white hole region $U,V<0$. The event horizons are $U=0$ or $V=0$, intersecting at the bifurcation surface. The boundary $UV=1$ has $r=0$ and is a genuine Schwarzschild singularity, as the Kretschmann scalar $48M^2/r^6$ diverges there.

Finally, $T=(V+U)/2$ and $X=(V-U)/2$ give $UV=T^2-X^2$ and a radial metric proportional to $-d{T}^2+d{X}^2$. Hence radial null geodesics have slopes $\pm 1$, the event horizons are $T=\pm X$, and the singular boundaries are $T^2-X^2=1$. This constructs the maximal Kruskal extension; a black hole produced by collapse need not contain the second exterior or the white hole of that eternal extension.