set up vs put up

set up and put up both are verbs.

Word	Noun	Adjective	Verb	Adverb
set up	No	No	Yes	No
put up	No	No	Yes	No

As verbs, put up is a hyponym of set up; that is, put up is a word with a more specific, narrower meaning than set up:

Other hyponyms of set up include retrofit, reinstall, post.

As verbs, set up and put up are synonyms defined as:

Other synonyms of set up include erect, raise, rear.

set up (verb)	put up (verb)
get ready for a particular purpose or event	preserve in a can or tin
make ready or suitable or equip in advance for a particular purpose or for some use, event, etc	put up with something or somebody unpleasant
equip with sails or masts	propose as a candidate for some honor
arrange thoughts, ideas, temporal events	place so as to be noticed
put into a proper or systematic order	construct, build, or erect
erect and fasten	make available for sale at an auction
set up for use	provide
place	provide someone with accomodation
create by putting components or members together	mount or put up
construct, build, or erect
begin, or enable someone else to begin, a venture by providing the means, logistics, etc.
produce
take or catch as if in a snare or trap
arrange the outcome of by means of deceit
set up or found