We consider steady surface waves in an infinitely deep two-dimensional ideal fluid with potential flow, focusing on high-amplitude waves near the steepest wave with a 120 degrees corner at the crest. The stability of these solutions with respect to coperiodic and subharmonic perturbations is studied, using new matrix-free numerical methods. We provide evidence for a plethora of conjectures on the nature of the instabilities as the steepest wave is approached, especially with regards to the self-similar recurrence of the stability spectrum near the origin of the spectral plane.