First, calculus isn't just really small steps: I can show you limit processes that disagree with any really small step based solution, like making a staircase with smaller and smaller treads. The total "tread plus rise" size remains 2k, while the limit is a line with length sqrt(2)k.
However, almost all of the parts of calculus that work in predicting physics actually work with really small steps based systems. So instead of delving directly into calculus, I'll start with your steps.
Lets examine what happens as we make the step size smaller.
Our orbiting body is at 1 AU. It is orbiting the sun, which weighs ~ 2 10^30 kg. It moves at ~ 29,870 m/s. Gravitational acceleration is ~0.0060 m/s^2. It takes about a year to orbit.
Over a timestep of t, the speed is:
$$\sqrt{(29870 \frac{m}{s})^2 + (0.0060 \frac{m}{s^2} * t)^2 }$$
or
$$29870 \frac{m}{s} * \sqrt{1 + (2.01 * 10^{-7} \frac{1}{s} * t)^2 }$$
by dividing out by the current velocity. The part that makes the orbiting body go faster is the part under the square root: $\sqrt{1 + (2.01 * 10^{-7} \frac{1}{s} * t)^2 }$ -- when it is greater than 1, the velocity after the time step is greater.
What happens when t is ridiculously small? Well, one way to figure this out is to take the Taylor Series1
$$\sqrt{1 + (2.01 * 10^{-7} \frac{1}{s} * t)^2 }$$
let $x=(2.01 * 10^{-7} \frac{1}{s} * t)^2$
$$=1+\frac{x}{2}-\frac{x^2}{8}+...$$
where we can guarantee that the prefix of this series is off from the "real answer" at infinity by the value of the next element in the series.
So $1$ is an approximation f the answer that is wrong by less than $\frac{x}{2}$.
Let us plug in Planck time for $t$, or ~$5 * 10^{-44}s$.
We get that the velocity of the orbiting body is its original velocity, plus at most 1 part in 10^100.
Suppose this body was orbiting for the current lifetime of the universe. Then the amount of speed up we might detect is about 1 part in 10^60.
Basically, if the universe is continuous, then in the limit there is no additional speed. If it is discrete on a really small scale, then the amount of additional velocity generated by such time steps would be undetectible at time scales we can probe, and possibly lost to "rounding" caused by space and time both being discrete.
If the universe is space and time quantized, the scale we expect it is at the Planck scale, far below what we can currently experiment with. And we can show that our continuous calculus model of the universe generates an model of the universe that is close enough that we cannot distinguish between them using our current observational abilities.
1 the astute will notice I slipped in Calculus here. Yes, I'm cheating.