In Slavic mythology, Perun is the highest god of the pantheon and the god of thunder and lightning. His other attributes were fire, mountains, wind, the oak, iris, eagle, firmament, horses and carts, weapons, and war. He was first associated with weapons made of stone and later with those of metal.
He is shown here holding a the spinning wheel symbolized the infinity and repeating the cycle (the fight between Slavic Gods Perun and Veles) in fight between Good and Evil.
In Slavic mythology, much like in Norse and Baltic mythologies, the world was represented by a sacred tree, usually an oak, whose branches and trunk represented the living world of heavens and mortals, whilst its roots represented the underworld, i.e. the realm of the dead. Perun was the ruler of the living world, sky and earth, and was often symbolised by an eagle sitting on the top of the tallest branch of the sacred tree, from which he kept watch over the entire world. Deep down in the roots of the tree was the place of his opponent, symbolised by a serpent or a dragon: this was Veles, watery god of the underworld, who continually provoked Perun by creeping up from the wet below up into the high and dry domain of Perun, stealing his cattle, children, or wife. Perun pursued Veles around the earth, attacking him with his lightning bolts from the sky. Veles fled from him by transforming himself into various animals, or hiding behind trees, houses, or people; wherever a lightning bolt struck, it was believed that this was because Veles hid from Perun under or behind that particular place. In the end, Perun managed to kill Veles, or to chase him back down into his watery underworld. The supreme god thus reestablished order in the world, which had been disrupted by his chaotic enemy. He then returned to the top of the World tree and proudly informed his opponent down in the roots “Well, there is your place, remain there!” (Ну, там твое место, там сабе будь!). This line came from a Belarusian folk tale. To the Slavs, the mythological symbolism of a supreme heavenly god who battles with his underworldly enemy through storms and thunder was extremely significant, and from Perun and Veles, this idea of cosmic battle was passed onto God and the Devil following Christianization.