I dunno, the time invariance thing is interesting from the question of why entropy was so low at a given point in time. But the universe definitely has a time dependence other than the entropy just being lower.
That's not at all clear. I'm not sure how you even separate the two.
You can always tell which way is the future, and which way is the past even if we reach heat death, check to see if the expansion of the universe is accelerating.
Accelerating expansion actually doesn't distinguish the future from the past once you reach "heat death". The universe's spacetime asymptotes to de Sitter. de Sitter can be thought of as eternally accelerating, but can equally well be thought of as eternally
decelerating - in fact, it's really static. Moreover, we can't see the whole universe. It's possible the part we inhabit is expanding (and time is running "forward"), while somewhere else it's running the other way.
It would be interesting to see what an opposite universe would appear as, start way in the past with a huge universe with particles/energies spaced in a precise lattice. The universe is contracting at an incredible rate, barely being slowed by dark energy. As soon as the universe gets small enough, quantum instabilities cause particles to combine and gas clouds to form, eventually forming stars, planets, etc. Dark energy eventually slows the contraction of the universe to a much lower rate. Perhaps the universe will expand again? However, as the universe gets smaller, the force of dark energy reduces, and the contraction of the universe accelerates as gravity takes over, eventually ending in a big crunch.
That's a kind of opposite, but it's not the kind we were discussing. Consider something else instead - take our universe and simply reverse the direction of time (i.e. think of our universe as a movie, and play it backwards).
Now from our point of view, time is running backwards in the movie. As we watch people rise from death, get younger and younger, then pop back into the womb. Omelettes uncook themselves, divide into ingredients, the eggs unbreak. The universe shrinks and heats up.
But it's important to realize that this backwards universe is a perfectly valid solution to the laws of physics. Given the appropriate initial conditions,
it's what would happen. And if it did happen, the people living in it would think of the direction of time we call the past as their future. They would have to, because their lives and brains are identical to ours, except running in reverse.
So the direction of time we call "future" is determined only by the local conditions in our part of the universe. To make a very rough analogy, if you had lived you whole life in the USA you might think there's a rule of automotive engineering that requires steering wheels to be on the right. A trip to the UK would disabuse you of that notion. Similarly, there's no law of physics that requires time to run in the direction we think it does.