First and foremost: it is not an “operator”, but a traditional way to write a particular equivalence relation. Also the correct syntax is \mod{43}.
Plain TeX only has \pmod, defined as
% plain.tex, line 1089
\def\pmod#1{\allowbreak\mkern18mu({\rm mod}\,\,#1)}
so the space is 1em (in the math symbol font), because 18mu is 1em.
In the LaTeX kernel the definition is essentially the same, namely
% latex.ltx, line 4437:
\def\pmod#1{%
\allowbreak\mkern18mu({\operator@font mod}\,\,#1)}
On the other hand, amsmath also defines \mod and \pod. The former omits parentheses and the latter has parentheses but no “mod”.
\newcommand{\pod}[1]{\allowbreak
\if@display\mkern18mu\else\mkern8mu\fi(#1)}
\renewcommand{\pmod}[1]{\pod{{\operator@font mod}\mkern6mu#1}}
\newcommand{\mod}[1]{\allowbreak\if@display\mkern18mu
\else\mkern12mu\fi{\operator@font mod}\,\,#1}
The definition of \pmod is in terms of \pod; you can see that a\equiv b\pod{n} will have, after b, 1em of space in display style or 8/18em in other styles, followed by (n). With \pmod the spacing before the parenthesis is the same, but after the parentheses “mod” and a space of 6/18em will precede n.
With \mod the spacing is essentially the same, but 12/18em would be used instead of 8/18em in text style or below. Note that \,\, is the same as \mkern 6mu.
So it's just you. ;-)
Of course you're free to change the spacing by redefining \pod and \mod.