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The grace period that we offer is 4 days. If you look on your moniker account page there is even a clickable text line that states "domain names in Grace period" to help you keep track of them. Cheers!
I think legally the period is 5 days, 120 hours, but registrars offers up to 4 days to avoid problems, because some registrant could register a domain on Monday morning, for example, and request to delete it on Saturday afternoon (more than 120 hours) but could claim that he/she is into the 5 days grace period, and the problem start.
That´s why I say that you must consider only 4 days to be sure.