Lake Onega is relatively cold, with temperatures below for half of the year and average summer temperatures of about . The catchment area of drains into the lake via 58 rivers and more than 110 tributaries, including the Shuya, Suna, Vodla, Vytegra and Andoma. The only outgoing River Svir, which marks the southern boundary of Karelia, runs from the southwestern shore of Lake Onega to Lake Ladoga and continues as the Neva River to the Gulf of Finland. The White Sea–Baltic Canal runs through the lake from the White Sea to the Baltic Sea. The Volga–Baltic Waterway connects Onega Lake with the
Onega stepanovi placed in phylum Proarticulata, as the segments in recently discovered, exceptionally well-preserved fossils display the glide, or "staggered", symmetry characteristic of the majority of proarticulatans. Imprints of "Onega stepanovi" have been found in the Verkhovka and Zimnie Gory Formations of the Ediacaran (Vendian) rocks of the Arkhangelsk Region, Russia. All the fossil specimens are negative imprints on the bases of fine-grained sandstone beds with the "elephant skin" and tubercle texture diagnostic of microbial mats. The same bedding planes contain various other Ediacaran species: "Cyclomedusa", "Ediacaria", palaeopascichnids, "Eoporpita", "Yorgia", "Andiva", "Archaeaspinus", "Vendia", "Dickinsonia", "Anfesta", "Albumares", "Tribrachidium", "Kimberella", "Parvancorina", "Charniodiscus" and others.