The invention relates to a dry-type heat-insulating waterproof coating which comprises the following raw materials in percentage by weight: 0-5.5 dispersible polymer powder, 10-20 hollow filling beads, 5-20 sepiolite powder, 5-10 mica powder, 5-30 heavy calcium carbonate powder, 5-15 light calcium carbonate powder, 0.5-1.5 rutile titanium dioxide, 10-20 talc powder and 10-40 white cement. A coat formed by the coating of the invention has favorable heat-insulating waterproof effect (lowers indoor temperature by 4-20 DEG C) and excellent flexibility, impermeability, weathering resistance and bonding strength to a substrate as well as high strength, good brightness, uniform luster, smooth and tender touch feeling, waterproof washing and rubbing, and the like. The dry-type coating has the advantages of simple production process, convenient transportation, long storage time, convenient construction, and the like, no toxicity or pollution, environment-friendly trend suitability, low cost, low VOC and high performance, thereby becoming a new-generation building coating product.