1 Hz flaring in SAX J1808.4--3658: flow instabilities near the propeller stage

We present a simultaneous periodic and aperiodic timing study of the accreting millisecond X-ray pulsar SAX J1808.4-3658. We analyze five outbursts of the source and for the first time provide a full and systematic investigation of the enigmatic phenomenon of the 1 Hz flares observed during the final stages of some of the outbursts. We show that links between pulsations and 1 Hz flares might exist, and suggest they are related with hydrodynamic disk instabilities that are triggered close to the disk-magnetosphere boundary layer when the system is entering the propeller regime.