Gold Coast Suns captain Steven May remains on track to secure a trade to a Victorian club.

The Suns are reportedly waiting on a suitable trade offer to be made before they decide to release May from the club.

Although May still has one-year still left on his contract at the Suns, the 26-year-old has been exploring opportunities to depart the club before he becomes a free agent at the end of next year.

If the Melbourne Demons can secure an early pick for Jesse Hogan, they will be right in the frame to secure May, meanwhile Collingwood have also shown an interest in the defender.

After just securing a trade for George Horlin-Smith from Geelong, Suns list boss Craig Cameron told AFL.com.au it's up to rival clubs to begin the negotiations.

"Heโ€™d be happy to come to Melbourne (city) if something was found," Cameron said.

"Itโ€™s up to the clubs now that are pursuing him to come up with something. At this this stage they havenโ€™t."

Cameron has suggested the Brisbane Lions pick five, which could go to Fremantle for Lachie Neale or now to Melbourne for Hogan, could be the sealer for any May deal.

Gold Coast are also finalising a trade for Kade Kolodjashnij with a move to the Demons, which could include May.

Cameron said they'll get a deal done before the trade period ends at 8:30pm AEDT on Wednesday.

"Weโ€™ll get something done with Kade either today or tomorrow," Cameron said.

"If they come to us with something around Steven then it might be tied into that, thatโ€™s a fair way off as I said."